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GRASIM INDUSTRIES LTD
Long
Updated
Jul 19, 2022
A corrective Structure ((a)) = ((c)) Elliott Wave.
3
6
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12
12
Jun 9, 2022
Corrective Structure ((a)) = ((c)) Elliott Wave.
By using Fib. Retracement wave ((a)) = ((c)) at 1307
There's highly confident trade setup can be below ((a)) = ((c)) for bottoming out.
The price is under the wave ((5)) of wave ((c)).
By looking closely, it's time to take entry in the deeper price for a u-turn.
The wave ((a)) and wave ((c)) also sign of a turning. This is a beautiful structure.
The whole corrective structure by using Elliott wave.
A parallel- Channeling technique :
Shortly, I will add more research on this post.
Jun 9, 2022
Note
5 waves structure of extended wave ((3))
of wave ((c)) and Parallel channeling technique.
A parallel channel for finding wave ((5)) of wave ((c))
Jul 19, 2022
Trade closed: target reached
The price is moved expected.
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