LIC Housing Finance Ltd is corrective wave 2 of internal wave 1.
It has completed correction for A leg and it is going for A, which can show you the level of 475 appx. and a strong reversal can happen at that level.
We can see the wave completing around 324 which is the 61.8% of internal wave 1.
When we will see the level of 324 appx we will go for 3rd wave of this internal wave 1.
Please do your own analysis before taking any trade, I might be wrong in my analysis.
Do comment and like for motivating me for similar analysis.
Regards
It has completed correction for A leg and it is going for A, which can show you the level of 475 appx. and a strong reversal can happen at that level.
We can see the wave completing around 324 which is the 61.8% of internal wave 1.
When we will see the level of 324 appx we will go for 3rd wave of this internal wave 1.
Please do your own analysis before taking any trade, I might be wrong in my analysis.
Do comment and like for motivating me for similar analysis.
Regards