Bata India Short Term Bullish

Last leg of v of V of 5 is about to complete @ around 850/-

Reversal/Stop is kept at 735/-
Comment: Updated Reversal/Stop = 760/-
Comment: Updated Reversal/Stop = 773/-
Try to channel that wave 3 .
Join the start of wave 1 and end of wave 2 and make a parallel from the end of wave 2 . Top of the channel line touch should give u the end of wave 4 . Try it . But it is only for one kind of wave.
U have made an Elliott Channel . Very Good.
bhargavdave AJAYSHARMA
AJAYSHARMA bhargavdave
@bhargavdave, That wave iv should be triangle . But the entire move . Try to plot on log scale .
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