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Trade-Technique

Part 1 Biocon(Weekly), finding stop for 4rth Wave (TF-W/D/30min)

BIOCON LTD (NSE:BIOCON)  
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Elliott Wave Parallel Channel Supply and Demand BIOCON
47
5
elliottwaves parallelchannel supplyanddemand biocon
The price is finding the number of 4rth waves to stop and will travel for the 5th wave which exists at 388 nearby(38.2% retracement) or 360-378.

Let's assume that the 5th wave still remains then, the target should in the step by the previous important level as 468/488/506.
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Daily TF:
snapshot
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