Elliot wave study,, All details on chart counter is on verge to complete wave 4 and impulse wave 5 would lead to too much higher levels from current levels
AS PER RULES WAVE 4 IS LONGEST IN TERMS OF TIME AND GENERALLY DOUBLE CORRECTIONS ARE WITNESSED IN IT.I THINK WE ARE IN WAVE B OF CONNECTING WAVE X,ON IT'S COMPLETION(AROUND 1180) WAVE C CAN TAKE PRICES TILL (1430)WHERE WAVE X WILL BE END WHICH EVENTUALLY BE FOLLWED BY WAVE Y CORRECTION IN THREE SUBWAVES.
ShreeKrishna
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the Method followed in identifying the trend is incorrect ( MY Personal Opinion) , Rest if stock moves to New high then Good God bless you