dhinesh_kumar

AMARAJA BATTERY - Elliott wave analysis # complete cycle

NSE:AMARAJABAT   AMARA RAJA BATTERI
Correction was completed and it is moving higher for final up-move. See the charts for more details.

Projected levels for wave 5:

First target : 1128
Second target : 1380
Third target : 1465
Final target : 1650

Invalidate level : 708

Comments

1650 final target, what is the TF to achieve the final coz it’s not easy to reach 1650 in quick time
+2 Reply
dhinesh_kumar Sunny102s
@Sunny102s, It should reach new high 1128 in 2 months and then second target. Third and final are less possibility and Nifty too may not support. But need to see how is it going to be wave development in Amaraja.
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@dhinesh_kumar ohh that’s great, 2 months is stil great, but within these two month I was expecting correction in nifty too. So was jus curious if will achieve first and second targets in 2 months
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