bbhalaji

ITC - completing wave 1 of the bull move ???

Long
bbhalaji Updated   
NSE:ITC   ITC LTD
ITC did a correction with the marked in green ABC. Then it had made a 5 wave move up and a zig zag correction marked in blue. We can expect wave 3 to end at a 138% or 161.8 % projection of wave1, which is 300/- or 320/-.
Comment:
Alternative wave formation: ABC in green can be the wave A of the consolidation move, followed by wave B for which wave A is complete.
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