Long
Cairn India - C wave up, about to start
Cairn India Elliott wave analysis shows a clear ABC is completed on the weekly charts and the C has clear 5 wave impulse completed as well. The correction is underway, a is over, b is about to complete, we are trying to catch the bottom of the c wave up.
Note
This analysis is NOT the latest one. Had a look in Investing.com since tradingview doesnt provide minor timeframes like 15/30 mins), it seems to me that the bottom is around the 117/118 levels.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.