Trade-Technique

Paid Attention to rhythm of the wave, AUROPHARMA....!!!!

NSE:AUROPHARMA   AUROBINDO PHARMA
Kinnari + Elliott's wave theory
  • 5 + 3 = Waves

The wave A and B in both sets parallel channel and Wave C will be set of mnext 5th Wave.

Elliott’s cycle of the 5th Wave is under-construction. 3rd wave was extensive in price and after it, Two Sets of AB and C with slanting parallel channel.

-> Bottom Out: You have figured out that Wave 4 would normally retrace 0.618% of Wave 3.

Wave Personality : I won't expect 5th too much extensive than 3rd wave that why A, B, and C cycle fall projected in the chart.

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