SolomonsView

#MRF - Rubber meets the road - 6 figures ahead !!

Long
NSE:MRF1!   MRF FUTURES
A detailed Elliottwave correction is labelled. A large wave 3 impulse was followed by an expanded flat Wave 4.

We may have just completed a wave v or 5 of c of C of 4- which has taken the shape of an Ending diagonal . This has also ended at the previous Wave 4 which is typical such corrections. This seems to have ended wave 4 - a large ABC expanded flat.

If the price shows strength and moves above 83,400 - look for a upward break of 1,00,000 and beyond
Michael @ SolomonsView

Twitter - @SolomonsView

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