tamilstocks

"Elliott Wave Zigzag Beast in form" !!!

Short
NSE:CNXAUTO   NIFTY AUTO
Hi, Friends I'm anticipating CNXAUTO is forming Possible Wave A of Zigzag and Wave A consist of 5 wave structure it already completed Wave 1,2,3 and wave 4th are in action yet to fully evolve my expectation it should completed within April (4% Error). so, then 5th highly possible to complete in month of June(2% Error).

Basic Rules of Elliott Wave
1. Wave 3 is never the shortest
2. Wave 2 can never go beyond the Wave 1
3. Wave 4 cannot move in the area of Wave 1

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Note: Degree of Labeling is only tracking purpose.

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