As we can observe in chart of gold it has ended its correction with some confirmation 1) double bottom with two large engulfing 2) support at lower and of channel 3) 61.8% correction of a full wave
> concor is forming triangle pattern in 4th leg of its third > formation is about to complete around 560 cos we are in final C wave of E wave
Here we can observe flat correction in 2nd leg of primary impulse in three wave structure with timewise and price wise both
nifty is currently in descending triangle pattern and about to complete its correction > as we can see in chart nifty is in last leg (E) in which can be complete near 14100 area.
here we can see glenmark has completed its flat correction of second leg >stock also heading to new price territory with high volume in 3rd wave in which it can go up to first target of 700 after that we will review how its wave is unfolding
we r in fifth leg of reliance now its possible target is 1600-1630