My view on Nifty as per EW and Fib. We are heading into wave 5 on 15 min with immediate target of 23970. Please refer to the chart which is self explanatory
A possible view for HINDCOPPER in short term. The script is forming an inverted H&S pattern on daily timeframe. The script seems to be in wave iii of wave 1 or larger wave 5 (on weekly timeframe). But for the purpose of this post, from a FIB perspective, we have completed wave 1 and wave 2 (at 0.618) retracement and are now advancing in wave 3 with an immediate...
Using Elliot waves, Fib and expanding diagonal concept, I have tried to derive the possible path of ICICI bank in days to come