1. Price is out of regression, Thats an outlier movement, which explained the intensity of the impulse, its a characteristic movement of 3rd wave 2. Internal wave structures & Primary wave analysis, 5 sub wave of 3 primary wave is am extension wave, price structure is quite stiff and resembles with Climax Top 3. Cup & Handle pattern target has achieved, have...
NSE:AARTIDRUGS had a steep slope, made a climax, will it make the falling wedge? It is just a chance that the falling wedge can occur. I will adjust the trendline after the second peak and trough. Note - The Upside breakout after the falling wedge can be the steep upward rally.
Notes on the chart. Hope this analysis will add to your knowledge.