AXIS BANK is a elliot wave textbook example
Education Idea
Axis bank
Wave 2 = Regular Flat
Wave4 = Ascending Triangle (triangle often occur in penultimate waves)
Rule of alternation - corrective waves are of alternate type
Wave 5 - Ending Diagonal (type = 33333)
Trading idea/Analysis to follow on Shorter TF
Axis bank
Wave 2 = Regular Flat
Wave4 = Ascending Triangle (triangle often occur in penultimate waves)
Rule of alternation - corrective waves are of alternate type
Wave 5 - Ending Diagonal (type = 33333)
Trading idea/Analysis to follow on Shorter TF
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