supreme_bull

Lupin Chart analysis Elliott wave

Long
supreme_bull Updated   
NSE:LUPIN   LUPIN LTD
Howdy Traders ,
You can see here that this is a 4-hour chart of Lupine. One to four waves are complete in this chart.
Retracement of wave 1 is 78.6%
Retracement of wave 3 is 300%
Retracement of wave 4 will be 50 or 38.2 %
we will wait for completion of wave 4 after it we can have wave 5 with minimum 61.8 % Retracement.
wave 4 will complete at 50% as per expectation with
long near @845 to 851 so we can have long position
SL @820
T1 936
T2 980
Trade closed: target reached
Comment:
Press the play option to check the result of this analysis.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.