Havells Neo Wave

Updated
Cmp 472.85
Buy Around 465 .....
Sl 455
I am expecting g wave to turn into a triangle.......If its not then it may fall well below wave e and when complex pattern develops,there is no way u can stick to one pattern,it can form many variations.....
But larger pattern looks bow tie diametric to me,After it completes.....It should head higher levels.....
What we are witnessing now wave g should be last leg of this downfall.....Then follow up patterns il make it clear...
Note
Low After Open 464.30 & Now making new high 472
Just Hold With SL.
Note
476.75 New High...
Now Place SL At 464
Note
480...
Hold With Cost to Cost SL
Note
483.65
Note
Book At 487
Trade closed: target reached
Wave Analysis

Disclaimer