raghavendrakumart

Maruti long term - potential 5 wave completion

Short
NSE:MARUTI   MARUTI SUZUKI IND
2
Primary view : A long term 5 wave completion --> Internals of the 5th are making a diagonal triangle pattern . Upper boundaries are from 6336 to 6425.

Alternate view : 5th is sub-dividing with current in its 3rd of 5th.

The next high above 6234 is a validation point to end the long term 5th and then set of a multi-year correction.
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.