Poison_1907

Wave A of Intermediate degree began on 7th Dec. 594 coming??

Short
NSE:INDUSINDBK   INDUSIND BANK LTD
Intermediate Wave A of Primary wave 2 of Cycle wave V.
wave 2 likely to take the price at least to 594 or its possible that wave A itself might find its support at 594 which is at the level of end of Minor wave 2 of Intermediate extended wave 5.

As the theory suggests that after an extended wave 5, wave a is likely to find its support at the end of wave 2 of extension.

Timing- From Jan 2021-March 2021, Likely price 594, which could either be the whole Primary wave 2 or could be only intermediate wave a.
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.