The Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure.
The Elliott Wave analysis indicates that the stock has completed waves (i), (ii, (iii), and (iv), which are shown as blue numbers on the daily chart. Wave (v) appears to be underway at this time.
It is anticipated that wave (v) will have about five subdivisions shown in red colour.
Wave levels shown on chart.
Level of Invalidation
The Wave (ii) has been identified as the invalidation level at 590.25. Because as per wave rules Wave (iv) cannot go beyond the starting point of Wave (ii) in diagonal pattern. If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems.
I am not a registered Sebi analyst. My research is being done only for academic interests.
Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses.
Regards
VJ
The Elliott Wave analysis indicates that the stock has completed waves (i), (ii, (iii), and (iv), which are shown as blue numbers on the daily chart. Wave (v) appears to be underway at this time.
It is anticipated that wave (v) will have about five subdivisions shown in red colour.
Wave levels shown on chart.
Level of Invalidation
The Wave (ii) has been identified as the invalidation level at 590.25. Because as per wave rules Wave (iv) cannot go beyond the starting point of Wave (ii) in diagonal pattern. If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems.
I am not a registered Sebi analyst. My research is being done only for academic interests.
Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses.
Regards
VJ
Giao dịch đang hoạt động
Level 1 and 2 achievedwaiting for level 3
Đóng lệnh: đạt mục tiêu
All Levels completed
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.