M&M FIN EW Wave analysis
Updated
Wave 2 is 0.618 times of Wave 1,
Wave 3 was almost around 1.272 of Wave 1.
Wave 4 is 0.618 retracement of Wave 3.
Also ABC correction (Most likely Zigzag, I have not attempted to count it yet) is completed with C as 2.618 of AB.
Now we have a wave 5 play in progress.
Tgt would be 200 and 225.
Wave 3 was almost around 1.272 of Wave 1.
Wave 4 is 0.618 retracement of Wave 3.
Also ABC correction (Most likely Zigzag, I have not attempted to count it yet) is completed with C as 2.618 of AB.
Now we have a wave 5 play in progress.
Tgt would be 200 and 225.
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