Havells India to complete complex correction
Havells India to soon complete complex correction (W-X-Y). right now we are in the last part of the wave Y.
Possibilites:
1) Wave Y can be (A-B-C) correction in which case we are almost done and ready to move to impulsive structure
2) Wave Y can be (1-2-3-4-5) in which case we are in wave 4 and will take some more days to complete and then expect wave 5 to unfold in that case we will be dropping to 1454-1455.
What to do? Its just wait and watch situation before we see any conclusive move.
Disclaimer: I am not SEBI registered member and this idea is only for educational purposes. Please do your own analysis and decide to buy/sell at your own risk
Possibilites:
1) Wave Y can be (A-B-C) correction in which case we are almost done and ready to move to impulsive structure
2) Wave Y can be (1-2-3-4-5) in which case we are in wave 4 and will take some more days to complete and then expect wave 5 to unfold in that case we will be dropping to 1454-1455.
What to do? Its just wait and watch situation before we see any conclusive move.
Disclaimer: I am not SEBI registered member and this idea is only for educational purposes. Please do your own analysis and decide to buy/sell at your own risk
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