Back in 1934, Ralph Nelson Elliott discovered that price action displayed on charts, instead of behaving in a somewhat chaotic manner, had actually an intrinsic narrative attached. Elliot saw the ...
JSW STEEL daily chart is indicating a major top in place around 1075 mark, which is labelled as Minor Wave 5 of Intermediate Wave (5) Orange. Since then, a Minuette degree corrective drop is either ...
Weekly charts can look good, but by smoothing out the daily and intraday “noise” that is more relevant to shorter-term technical analysis, that intermediate-term time frame allows us to focus ...
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