Thread by @JustNifty

Use "ABC" of corrections to initiate LRHR trades.
Even a " Good Trade a day" would be enough.
Zigzag corrections - If understood correctly, it's a straight path to riches...

https://twitter.com/JustNifty/status/1433258099113037831

#Banknifty from "36375-538" zone, making a low of 36469 & now, @ 36739 so far

Learn "Elliott Wave Principle" - a free online book-link here- bit.ly/2Zj9v3W

Santhosh Kumar
@Murthy_Santhosh
·
21m
Replying to
@JustNifty
I was expecting a move towards 36375.. how should I interpret the corrective wave C (is it incomplete?)

-"Use simple channeling technique to identify a wave completion as well as the start of the next one".

@Neerajtop
When in doubt, stay out.
No one knows for sure what's happening at all times.

Act only when you have reasonable clarity & a low risk trade possibility emerges.
There is always a doubt in any trade.
No trade is a certainty

Never push your luck.
Either you book profits fully when you see a "5"
OR
If you suspect the possibility of waves sub-dividing, "Part book & raise your Trailing No."

Aware of your emotions and action at all times.

#Banknifty
Remain objective irrespective of your positions - this will help you to manage your trade.