COCHIN SHIPYARD analysis
COCHIN SHIPYARD is forming wave [B] of Zig-zag pattern.
We can see the previous fall has 5 waves within it forming wave [A] of Zig-zag.
According to the rule, wave [B] will go a minimum 23.6% and a maximum of 50%.
Anyone in the buying side in COCHIN SHIPYARD, should exit at these levels, as the price will fall again to form wave [C] of Zig-zag.
Trend changes above 61.8% level.
This analysis is based on Elliott Wave theory and Fibonacci.
This analysis is for educational purposes only.
This not buying recommendations. Please always do your research before you take any trade.
We can see the previous fall has 5 waves within it forming wave [A] of Zig-zag.
According to the rule, wave [B] will go a minimum 23.6% and a maximum of 50%.
Anyone in the buying side in COCHIN SHIPYARD, should exit at these levels, as the price will fall again to form wave [C] of Zig-zag.
Trend changes above 61.8% level.
This analysis is based on Elliott Wave theory and Fibonacci.
This analysis is for educational purposes only.
This not buying recommendations. Please always do your research before you take any trade.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.