Thread by @JustNifty

#Itc
having moved up from 200.9 to 209.65 (1st wave), consolidating in a "Flag pattern" so far.
Ahead of Q1 results, it could trade in "206 - 208.75" range.
Break out above "208.75" (for the 3rd wave/ "B" of 2).
View gets negated below "204-205"

#Itc
EW points out to low risk zones - 206.2-206.5 as (2)nd wave for targeting 208.5+ for (3)rd.

IF fails, you lose small; IF works, you gain big, LRHR.

#Itc
EW points out to low risk zone-206.2-206.5 as (2)nd - "Low done "206.5"
That's how you choose LRHR trades
This is 5 min t/f; choose in Hour or Day t/f a similar (1) & (2) set up, imagine the gain of (3)rd wave

Let us see IF this one does a good (3)rd of 5 min. t/f to 208.5

#Itc
Develop the confidence to label each rise & fall - this way, you'll not get disturbed by a fall as you understand now that it's part of an upmove as long as it holds, a key retrace.

Now, you shift your SL based on the unfolding iiird wave..

Know the power of iii/ 3rd waves.
#Itc 205CE has given a gain of INR.1, which is INR.3200 on an investment of INR.10,000 - 32% gain so far.

#Itc
Hour chart which shows higher picture
IF holds 207 & move past 208.8, it is poised for a big move towards 215-220 by next week
Isn't that a LRHR trade
May work, may not but a well thought out trade plan is worked out based on week technical & EW
Waves may sub-divide too

#Itc waves are sub-dividing in iiird of (3) rd of 3rd

#Elliottwave no other study gives you such precision, such LRHR trades.
205CE is now up by INR.2, which is 64% return.

Remember, you have the "Choice" to stop this madness & take home money.
IF you have more lots, you could choose to part book & leave the rest with trailing SL.
Everyday many trains leave the station. You can choose to board any one of them.
"Choice" is always yours & yours only.

#Itc
As stated earlier the "iiird" wave sub-dividing and now for "iv"th... and then "v"th..

#Itc the Big picture.
Coming out of a huge Triangle.
Triangles unleash big momentum once released.

#Itc
INR.6 in #Itc is a lottery, 206.5 to 212.5. And coming days will prove how lucky you're going to be.

Not much is being talked about "The Top gainer of the day".

Not much is being talked about "The Top gainer of the day", #ITC .

Now, it's being covered.