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
Trade ativo
We are on Possibility 2, in which case we are done with Wave 4 and ready to get Wave 5 unfolded, once are done with it then wait for the right moment before taking a trade. Trade fechado: objetivo atingido
It was very close to end of wave Y, however the 5th wave of Wave Y got truncated. 
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.