Elliot Wave for LT, 5th Wave probability at 1403/1462 by using extensive fib ratio for targets 1300 and ABC correction can 1105 nearby.
Watch closely the “W” pattern & Fib Ratio on LT!
The LT is trading in a parallel channel and it is in the middle of trend, technically it can be said that the 5 wave has started, and it will end by touching the resistance line due to wave analysis.
Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Equity Research Reports, Focus List portfolio of 50 longer-term stocks, Premium screens, and much more. You will quickly identify which stocks to buy, which to sell and target today΄s hottest industries.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.