Larsen chart study.

Larsen spot cmp 2355
Weekly time frame
Elliot wave study

Motive phase on verge to mature.
Ascending wedge pattern formation
Counter is trading in overbought zone as per swing indicator and structure formation.
Bearish divergence on RSI with respect to price.

Time for bulls to sit on cash.
Chart PatternselliotwaveanalysisTechnical IndicatorslarsentoubroniftytrendrsidivergenceWave Analysiswedgepatterns

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