Bears are trying hard to make the final push down. It is the right time to enter the market. Very soon Bulls will rule the Bears.
An Elliott Wave Approach (Technical Analysis) for Nepal Stock Exchange Nepse
Monday, June 19, 2017
Nepse - Bulls will rule, begin to Buy
Nepse trading into corrective channel with overlapping price action which is correction as per Elliott Wave theory. Nepse trades near corrective channel support line where many waves [c), (C),4)] will complete.
Bears are trying hard to make the final push down. It is the right time to enter the market. Very soon Bulls will rule the Bears.
Bears are trying hard to make the final push down. It is the right time to enter the market. Very soon Bulls will rule the Bears.
Monday, June 12, 2017
Nepse- Bulls Getting Ready To Enter
Nepse made nice impulsive move towards 1746. Wave 3) moved impulsive fashion with in 5 sub waves. Nepse topped on 3rd April 2017 with the support of bearish reversal candle. Recently Nepse trades in range with corrective fashion. Once it establishes wave 4) above invalidation level, then we will see next big move on Nepse towards 1800 level.
Nepse Daily Elliott Wave Analysis Chart
Nepse Daily Elliott Wave Analysis Chart
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Nepal Stock Exchange #Nepse topped at 1888.36 from the low of 257. The move from 257 to 1888.36 was quite bullish which is called motive wav...
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Nepse made correction since April 2017. As per Elliott Wave Nepse completed ABC correction for wave 4). Now it is heading towards wave 5) wh...