NSE:VOLTAS
voltas descending triangle breakout happend on the up side expecting upside target marked on the chart
only for educational purpose
it can be a trap also desending triangle (bearish sign)
a gap pending below
Elliott Wave footstep for Voltas:
Validation:
W2 & W3 corrective
W2 retraced at 50% exact
W3, price extended 161% compare to W1.
The Corrective W4 traveled in rage between 38.2 and 50%.
W5 exactly was normal.
The price is under the waves a,b, and c correction.
Support 408, can push...
Based on my PredictiveSystem's signals, its going to be a GREEN candle on 31-May-2018 for VOLTAS
Buy Above: 549.8 for targets -
T1: 553.9
T2: 556.4
T3: 559
SL: 545.4
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting...
