Wait for a dip to enter

CMP 563.40

Elliott- The 5 wave move is an impulse wave. Hence this correction is an opportunity to buy. In my view wait for a dip to 520/530 to enter his counter.

RSI- the oscillator halting above the bull zone of 40-45 is an indication of trend being intact.

Fib - the retracement to 38.2% of the current swing is telling me the trend is strong and this correction is an opportunity.

Disclaimer