GRASIM INDUSTRIES LTD
Long
Mis à jour

A corrective Structure ((a)) = ((c)) Elliott Wave.

2057
Corrective Structure ((a)) = ((c)) Elliott Wave.
snapshot
By using Fib. Retracement wave ((a)) = ((c)) at 1307
There's highly confident trade setup can be below ((a)) = ((c)) for bottoming out.

snapshot
The price is under the wave ((5)) of wave ((c)).
By looking closely, it's time to take entry in the deeper price for a u-turn.


snapshot
The wave ((a)) and wave ((c)) also sign of a turning. This is a beautiful structure.

The whole corrective structure by using Elliott wave.
snapshot

A parallel- Channeling technique :
snapshot

Shortly, I will add more research on this post.
Note
snapshot
5 waves structure of extended wave ((3))
of wave ((c)) and Parallel channeling technique.

snapshot
A parallel channel for finding wave ((5)) of wave ((c))
Trade fermée: cible de profit atteinte
The price is moved expected.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.