ICICI Bank EWT Analysis Validation level 941.25 dated 12.07.23 Minor degree 1 from 941.25 to 1008.70, subdivided by minute degree ((i)) ((ii)) ((iii)) ((iv)) ((v)). Minor degree 2 which is corrective wave subdivided minute degree ((w)) ((x)) ((y)) which is double combination of corrective wave which is called double correction of (a) (b) (c). It does not break starting point of Wave 1. (price 941.25) and double correction is up to 85% range (price 946) of wave 1. Minor degree 3, I anticipate minimum 100% up tp 1040.
Minuette degree validation level 946 dated 18.08.23. Minuette degree wave (i) completed from 946 to 982.40, dated 24.08.23 subdivided by subminuette degree i ii iii iv v.
Minuette degree wave (ii) is corrective wave (w) (x) (y) completed 85% of wave (i) price 950.80. It does not break wave (i). Wave (w) is Regular flat a b c. Wave (x) is link wave Wave (y) is Zigzag a b c
Minuette degree wave (iii) I anticipate minimum 100% or 1.618% (price 987- 1010) key level 970 falling trend line or b point of zigzag
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