It should now bounce in B wave before next move down as C of Y wave. The drop from 5615 was impulse A wave and it should bounce in B.
https://www.tradingview.com/chart/DRREDDY/HzrPbvby-Drreddy-Elliott-wave-analysis-ABC-zigzag-in-Y-wave/
https://www.tradingview.com/chart/DRREDDY/PR49YYFz-Drreddy-Elliott-wave-analysis-ABC-zigzag-in-Y-wave/
https://www.tradingview.com/chart/DRREDDY/HzrPbvby-Drreddy-Elliott-wave-analysis-ABC-zigzag-in-Y-wave/
https://www.tradingview.com/chart/DRREDDY/PR49YYFz-Drreddy-Elliott-wave-analysis-ABC-zigzag-in-Y-wave/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.