Praj:81.25 We are currently in bull run wave [3]

142 3
Praj Industries Ltd:81.25
On completion of the correction, next Resistance will be ₹120
and in long term, targets will meet a ₹296 ₹358 & even ₹460 Fibonacci projection levels.
stop loss on completion wave (2) can be end at 64 or 55.

The 2008 top ₹268 concluded a primary wave 1] with an extension in its inter mediate wave (5), made a drastic fall , correcting the entire wave (5) with a Double Zigzag ending at ₹31. Its further advancement looks like a bullish move following the classic rules, assuming that we are in sub wave (2) correction, and on completion of that, wave (3) will open up.

We are in wave 3], will have a huge gain in long term view.

Short term: abc correction ₹ 55.00

Elliott counts on Monthly... are really very patient :)
padiyaraa InsiderB
@InsiderB, I believe I am,
Only when I approach to market, I am so humble and begging market to give me a hint. :D
InsiderB padiyaraa
@padiyaraa, and it pays you better ;)
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