NATIONALUM, Harmonic Pattern & Fib. Ratio (Investors).

Two important fibs ratio for Gartley -
  • 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.


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