In this chart i have tried to explain how the market moves , and how the correction needs to be understood
Market always moves in Impulsive and then enters in correction , once the time correction ( Time required for correction) is over then another impulsive move will start and creating Correction after it , So the same repeats it self , the easy factor is every one will understand the impulsive move , but difficult factor is when the correction ends and indication of start of new move , In order to understand it you need to have time based correction move understandings , which will help to 50 % of your projections of end of correction , another 50 % of identifying is based on the structure , construction of structure in Correction move , how they form and where are they leading to , most of the time people try to take position during correction period thinking or anticipating the next impulsive move and end up losing when stop hits
So people take steps in reading the charts in dept and take education in Stock market technical analysis ,
The most important factor for any trader , retail, institutional , hedge funds , or domestic institutional , the charting software is very important without it nothing is possible to identify the next move , but for our faith in India , We do not have single broker having So many features like Trading view have ,
Trading view is giving lots of opportunity in order to learn form another authors , in order to use it to a very extensive ways , in order to check your projections , so lets support them what they are doing
Regards