Wave Analysis
Indusind Bank: Looking interesting here. Seems we have formed a double bottom around 455-460. Would be closely watching the development from here.
HDFC Ltd: Playing out perfectlyIt was covered in our premium analysis friends. Above 1870 it may explode further.
Lupin: Triangle Triangle in Wave B played out perfectly. Wave C unfolded superbly. What a fall.... !!!
SBIN : Interesting StrucutreIt seems we had an expanded Flat in Wave2. Now it seems Wave 4 might be on the verge of completion as so far retraced 0.236 (normal is 0.386). If it fails to bounce from here we can expect a very sharp correction in Wave 5
Nestle : Bullish Structure16930 is the hurdle above which the counter looks good for 17500 at least.
Lupin : Trinagle FormationLooks we have a triangle in Wave B. Will be closely watching the development here. Wave C trade could be lucrative guys.
BTC USD: It looks we might be in Wave V correction. 8600 might be a good entry point. We will have to watch price actions around this levels.
