INDUSIND BANK Weekly Elliott Wave Counts, completed Sub wave (1) of the parent Wave V. Wave V is pending.
Where, Wave III is nearly two times of Wave I. So, expecting Wave V to be at least equal to Wave I at 2442 or 0.618 of Wave IV projected from the top of Wave III at 7344.
Trade at your own risk. Regards, Arman dhull.
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Completed a 5 wave impulse from the low of 2020. Where, Wave 3 is 1.618 of wave 1 and, Wave 5 is 0.618 of wave 1. Wave 1 is retraced 0.618 by wave 2.
Now expecting an extended flat correction ABC after a 5. Counts valid below 1500.