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There are ideas on different regional versions of TradingView:
ONGC still pending a down move?
ONGC
, 1D
ONGC: ONGC still pending a down move?

According to Elliott Wave analysis, ONGC looks into last phase of its short term down move. After trending impulse, the stock is into Flat Correction. Wave C of Flat correction should have 5 moves in it. And we can see 4 moves until now. So we can say ONGC is in wave 4 of wave C of Flat correction. ONGC may go further down a little more to form wave 5 of wave C....

Classical example of Elliott wave
NUVAMA
, 1DEducation
NUVAMA: Classical example of Elliott wave

Classical example of Elliott wave. Wave 2 retraced to 61.8% forming Flat correction. Wave 3 extended to 161.8% forming a normal or trending impulse. Then wave 4 retraced to 23.6% in Zig-zag form. (This fulfilled the Rule of Alternation) Wave 5 retraced exactly to its minimum target of 127% retracement. Where cluster of 200% extension was also there. Wave 5...

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