keerthivasan_88

DR REDDY Ending diagonal Formation with truncation

Short
NSE:DRREDDY   DR REDDYS LABS
ELLIOTT WAVE ANALYSIS: All observations are clearly indicated in the chart.

Elliott wave is an road map to identify the direction of market.

Wave "1" : Motive wave completed
Wave "2" : Simple zigzag completed
Wave "3" : Motive Wave Golden wave also completed.
Wave "4" : Correction formed.
Wave "5" : Wave 5 Appeared as Ending diagonal in that 5th wave is truncated, hence now expecting an downtrend for target 5004.

Kindly hit the like button to forecast the chart like this further

To learn and trade like this call me (Nine five six six three four seven seven three four )

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter