Usha Martin Limited
Updated

Elliott Wave Analysis of Usha Martin USHAMART

165
The script is currently in (v) of 3rd wave on daily time frame. This should be followed by a short retracement and then a 5th wave up. Will keep updating this chart as it progresses.
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Wave (v) visualised in the diagram above was actually 5th and this completed 5 wave impulse, followed by retracement. The script seems to be forming a diagonal on weekly time-frame, as the current retracement went below the earlier 5 wave impulse.

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