TIJARIA - Poly Pipes - Making and Riding the wavesNSE:TIJARIA has started making and riding the impulse waves.
In this analysis, the purple-colored waves are sub-waves of one degree higher.
Purple 3 wave is an extended wave till 2.618 - 3 of the fib level colored in Orange.
Typically as per the #Elliotwave Guidelines when wave 3 is extended wave 4 retracement is until 0.382 fib level (Colored in black)
When this level is held, wave 5 is typically extended until the 0.618 fib extension level (colored in green.
This analysis in only one probability and is based on the data until now.
As per my analysis, wave 4 has just ended and wave 5 journey has just begun
