Symmetrical....(This pattern was founded many yrs after he wrote a book on wave analysis,So its never clear how the pattern actually looks like,There isnt any specific shape for this pattern,But little bit on contraction & expansion takes place in the pattern & time taken for waves are almost similar,Lenth of each waves almost looks similar,But not exact......
I Think we are in last wave Down as Wave i ....Untill It breaks That pink trendline ,It will be consolidating under that trendline......Once It Breaks that Pink Line,Then It May go till 90 - 95.
If anyone has patience or looking for 2 -3 yrs type of Investment,Then buy around these levels 32 Or Low & Hold.
I posted another chart On Hindunilvr Today......Almost same pattern developed there too,Which i witnessed Couple of yrs Ago.....
So ,I posted Hindunilvr Chart Once Again.......Same Time Frame (Weekly Chart)....
I Think we are in last wave Down as Wave i ....Untill It breaks That pink trendline ,It will be consolidating under that trendline......Once It Breaks that Pink Line,Then It May go till 90 - 95.
If anyone has patience or looking for 2 -3 yrs type of Investment,Then buy around these levels 32 Or Low & Hold.
I posted another chart On Hindunilvr Today......Almost same pattern developed there too,Which i witnessed Couple of yrs Ago.....
So ,I posted Hindunilvr Chart Once Again.......Same Time Frame (Weekly Chart)....
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51.50
Will Go Higher
Will Go Higher
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55
If any one entered for long term between 32-33 levels, Keep Going... Have Patience.