RUDRA007

LARSEN good short candidate

Short
NSE:LT   LARSEN & TOUBRO
Counter is on verge to complete its impulse phase of elliot wave ,, on weekly time frame,,
as per time cycle combination,, time of wave1 and wave 5 are equivalent and price wise also some calculative match are seen
bearish divergence on rsi and macd ,, on weekly time frame,, suggest the trend is on verge to mature,,
good fall of 10-15% can be seen in counter

good short candidate