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Strong: Elliote(5+3) + Price Action breakout + Volume profile Hello guys before I write anything I say something that's its takes hours to analysis a single chart so please like it. Elliote wave: 5+3 =>> 5 Impulsive wave done by Piramal Enterprise at 629 0.618 fib level according to wave principle, Currently It's riding on Corrective wave and its have 3 waves with correction of 1 fib which is at 1760 level = 4 wave Price Action Breakout: =>>According to its theory its touches there lower value with excess price with pinbar shows rejection to falling more down and move toward control price if it breaks the level of control price then we can see Piramal at upper value soon. Volume Profile: =>> As you know little bit about volume profile you can see Price at this volume high which means institutional investor taking entry at this price for reversal. Buy Strongly ::::: like Like Thanks need your support by liking it.
NSE:PELLong
by Trading_buddy
2