Havells India to complete complex correction
Havells India to soon complete complex correction (W-X-Y). right now we are in the last part of the wave Y.
Possibilites:
1) Wave Y can be (A-B-C) correction in which case we are almost done and ready to move to impulsive structure
2) Wave Y can be (1-2-3-4-5) in which case we are in wave 4 and will take some more days to complete and then expect wave 5 to unfold in that case we will be dropping to 1454-1455.
What to do? Its just wait and watch situation before we see any conclusive move.
Disclaimer: I am not SEBI registered member and this idea is only for educational purposes. Please do your own analysis and decide to buy/sell at your own risk
Possibilites:
1) Wave Y can be (A-B-C) correction in which case we are almost done and ready to move to impulsive structure
2) Wave Y can be (1-2-3-4-5) in which case we are in wave 4 and will take some more days to complete and then expect wave 5 to unfold in that case we will be dropping to 1454-1455.
What to do? Its just wait and watch situation before we see any conclusive move.
Disclaimer: I am not SEBI registered member and this idea is only for educational purposes. Please do your own analysis and decide to buy/sell at your own risk
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.