LIC Housing Finance on the move after the correction
All details marked in the chart - some salient points are :
1. The non limiting triangle as the X wave indicating the end of the complex correction.
2. The thrust down within prescribed limits of the longest leg of the triangle.
3. The zigzag exactly hitting the 0.618 level of the previous 5 wave move.
4. The thrust creating the truncated zigzag .
all indicates reversal…
So expecting an immediate target of 395 + and further beyond
This is for educational purpose only
1. The non limiting triangle as the X wave indicating the end of the complex correction.
2. The thrust down within prescribed limits of the longest leg of the triangle.
3. The zigzag exactly hitting the 0.618 level of the previous 5 wave move.
4. The thrust creating the truncated zigzag .
all indicates reversal…
So expecting an immediate target of 395 + and further beyond
This is for educational purpose only
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