Elliot Wave - Bottom is out? or new EW-Cycle.A,B, and C corrective pattern is started or New Elliot Wave motive cycle is already started?
Harmonic Patterns exist.
We have to go lower timeframe for more clarity to determine tradable numbers.
Let's compare Elliot Wave of HINDALCO:
Longer & short TF - TimeCycle, NALCO.
=> Fundamental & Hindalco of the % move > relative to NALCO.