TradingView
bbhalaji
Oct 9, 2016 4:31 AM

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

ITC LTDNSE

Description

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.
More