This is the Elliott wave analysis of Force Motors on DAily TF, below are the inferences -
1. Stock is in C wave, which is the end of correction after an impulse.
2. It can still continue correction further after creating the bottom. This correction might be time-wise or sideways correction.
3. But currently, the C wave is yet to be completed.
4. Projections or Targets of C wave are marked as Fib extensions.
5. After the correction (price + Time), stock can start next impulse but that will take substantial time from now.
1. Stock is in C wave, which is the end of correction after an impulse.
2. It can still continue correction further after creating the bottom. This correction might be time-wise or sideways correction.
3. But currently, the C wave is yet to be completed.
4. Projections or Targets of C wave are marked as Fib extensions.
5. After the correction (price + Time), stock can start next impulse but that will take substantial time from now.
Operación cerrada: objetivo alcanzado
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.