Asian Paints Target as per Elliott wave

Buy Asian paints at 2845 with a stop loss of 2818, that must be last down move and from here it is bound to move beyond 3200 at least..

at 2845 wave 1, 2 are supposed to finish for new impulsive wave series and then wave 3 must be 360+ points at least from 2844

** Please take any trade at your own risk, this is my analysis and sharing in case if goes right and others can get benefit but I might go wrong too, nothing is certain in stock market :)

Trade active:

Bingo : 2845 was the day low and then script ran more than 65 points to cross 2900. But there is something wrong with what happened today the correction phase is not over yet and with that I guess the stock will come down 1 more time below 2844.

If not and anyone has made position then keep trailing stop loss as stock moves upward.

Comment:

I expect the stock to come in the range of 2800-2840 one more time and this must be last time before it start flying higher, let's see.
If it doesn't then I might have miscalculated the waves.