#McDowell
Breaking out as suggested in the morning - "Above 890, more momentum" - this series likely to be 960
For Investors, add & add for 1100 - 1200+ & much more in the coming months.

#Banknifty in strong uptrend
#SBI Hour trend in uptrend.
Using dips to buy in the direction of trend rewarding experience.

Why does a stock not go up or sustain gains despite "Day" Trend indicator (Macd) displays +ve div & moves higher ?
Why does another stock with similar Macd set up go up & sustain it's gain & even makes ATH
What is being missed here?
How to choose a stock that will sustain gains ?

Oftentimes, in our rush to study many stocks, we miss the most important & "elementary" factor.

A simple one, "IF" not taken seriously, we end up with a stock that promises but does not deliver and miss the one that has the potential.

Know this & you'll be on the winning side🙂

Why ?
Always give weightage to "higher t/f".
Here, when you look at a Day chart, check to see what the week says.
#Hdfc week says, it's weak, trending down & below the trigger.
So does, #nifty50
When week Macd is down & below trigger, Day Macd being up will have not much impact.

How ?
When you give weightage to "higher t/f" & then look at Day chart, you align with higher force
#Tataconsum week says, it's strong, trending up & above the trigger
So does, #Tatasteel
When week Macd is up & above trigger, Day Macd being up will align with higher divine forces

Give weightage to "higher t/f" & then look at Day chart, aligning with higher force
When week Macd is up & above trigger, Day Macd being up will align with higher force
Following list(out of 50 being followed) shows strong, trending up, Neutral & Weak, trending down
Choose wisely

Do you now see how this #Elliottwave labeling tools (12345 or ABC, stc.,) can be accessed in https://t.co/C8fkLCoGfe

My application of #Elliottwave mostly limits to identifying 12345 & ABC and all the rest are left out.

I make money; that's all matters.
Forget the WXYXZ, etc., https://t.co/2RTzJ9CLfC

#MCDOWELL-N

CMP 715
Breaking out with symmetrical triangle pattern after 2018.
This breakout can lead 1100+++
Short term trader can enter the trade with their own risk appetite.

Plan Your Trade
#MasterInOne

#UBL - CUP AND HANDLE BREAKOUT IN UBL POSITIONAL PICK - TradingView -

#McDowell on watch list

Has been consolidating after the steep rise.

Holding 690-694 & moves past 708-710, would attempt to make a new high around 736-745 in the coming days.

Remember the conditions for a LRHR trade