INDUSIND BANK Weekly Elliott Wave Counts,
completed Sub wave (1) of the parent Wave V.
Wave V is pending.
Where,
Wave III is nearly two times of Wave I.
So, expecting Wave V to be at least equal to Wave I at 2442
or 0.618 of Wave IV projected from the top of Wave III at 7344.
Trade at your own risk.
Regards, Arman dhull.
completed Sub wave (1) of the parent Wave V.
Wave V is pending.
Where,
Wave III is nearly two times of Wave I.
So, expecting Wave V to be at least equal to Wave I at 2442
or 0.618 of Wave IV projected from the top of Wave III at 7344.
Trade at your own risk.
Regards, Arman dhull.
Where,
Wave 3 is 1.618 of wave 1
and, Wave 5 is 0.618 of wave 1.
Wave 1 is retraced 0.618 by wave 2.
Now expecting an extended flat correction ABC after a 5.
Counts valid below 1500.