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forextidings
Dec 7, 2021 10:44 AM

AB CAPITAL Has Completed An 8-Month-Old Correction. 

ADITYA BIRLA CAPITNSE

Description

According to the Elliott wave principle, AB capital has finished the corrective wave ((iv)).

Price carrying on the impulsive wave (v), yet traders shouldn’t take the position without a proper signal.

If the price breaks wave (X), the price will surely make a new high because it will give evidence of the impulsive move.

Price may take retracement as wave x works as a resistance which can be the best entry for bull traders.

We can see the following targets:
127.70
138.96
151.2
165.9+


Invalidation: breakout of the minor channel.

Comment

AB Capital has reached the first target of 127.

Comment

AB Capital has reached the second target of 138.96
Comments
alpesh1433
Dear,
Very good Analysis.....one query how to type in keyboard in chart your red color "i" in round circle . which key use from keyboard to type in round i . I hope u understand
Reagrds
forextidings
@alpesh1433, You can change degrees form setting.
alpesh1433
@forextidings, How can change the degrees from setting, Please explain
forextidings
@alpesh1433, Go for some tutorials.
sharma01258
just started learning wave. believe to learn from your chart. looks amazing work done by you on study
forextidings
@sharma01258, I am glad you liked.
sharma01258
@forextidings, thanks and welcome. just started elliot wave learning and following you to learn.
forextidings
@sharma01258, You can read book to learn theory.
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