- XA retracement at 44 at 0.786.
- 1.618 CD projection at 46.25 .
=> 1.618AB = CD @55 (investors)
The previous important level at 37 ( The price should not fall below it for long position)
Note: Investors should wait for pullback to enter.
- Bottom is out? or new EW-Cycle.
Let's compare of HINDALCO:
Longer & short TF - TimeCycle, NALCO.
Fundamental & Hindalco of the % move > relative to NALCO.