Zigzag in Play- Can Wave C deliver the goods for ESCORTS KUBOTA?

ESCORTS KUBOTA – A Zigzag Taking Shape [5–3–5]

Structure Summary:
ESCORTS may be unfolding a classic Zigzag correction (5–3–5) from the low at ₹2,825.20. Wave A formed a clean leading diagonal. Wave B is currently developing and is expected to end near the 0.382–0.5 retracement of Wave A.
If this structure holds, we could soon see a powerful Wave C impulse aiming for the 4,000+ zone.

Elliott Wave View:
Wave A: Leading diagonal from ₹2,825.20 to ₹3,616.60
Wave B: Still developing – may complete near ₹3,233.80 (0.5 retracement)
Wave C: Expected to be a 5-wave impulse targeting:

• ₹4,025.60 (1.0 × Wave A)
  
• ₹4,514.70 (1.618 × Wave A)
  

Key Levels to Watch:
Wave B Support Zone: ₹3,233–₹3,102
Target 1: ₹4,025.60 (equal to Wave A)
Target 2: ₹4,514.70 (1.618 × Wave A)
Invalidation: Below ₹3,102 → Zigzag scenario fails, alternate count required

Note:
Wave C, if it triggers, should develop as a 5-wave impulse. Price action around the retracement zone will decide whether bulls still have control.

Disclaimer:
This is part of the educational WaveTracker series. It is not a trading recommendation.
Always DYOR and manage risk wisely.