Two important fibs ratio for Gartley -
=> 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.
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Elliot Wave - Bottom is out? or new EW-Cycle.
Let's compare Elliot Wave of HINDALCO:
Longer & short TF - TimeCycle, NALCO.
Fundamental & Hindalco of the % move > relative to NALCO.
- 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.
=======================================================
Elliot Wave - Bottom is out? or new EW-Cycle.
Let's compare Elliot Wave of HINDALCO:
Longer & short TF - TimeCycle, NALCO.
Fundamental & Hindalco of the % move > relative to NALCO.
Comment:
For Trader to trade should choose HINDALCO and for the investing purpose you can put NATIONALUM on your Table.