About meMarkets: NSE India, MCX India, NCDEX India, NYSE, NASDAQ, CME, NYMEX, EUREX
Methodology: Elliott Wave Theory, Volatility Measures
Experience: 18 years
NSE:INDUSINDBK
Minor wave 1 top at ₹1242 posted on 27-10-2021.
Ensuing decline in Minute wave a (circle) seems impulsive in nature, which means we will likely form a zig-zag (5-3-5) for complete correction. Expected price/time target shown.
Initial recovery post this phase of decline expected to be sharp with target zone shown.
Invalidation point for...