Elliott Wave footstep for Voltas:
Validation:
The price is under the waves a,b, and c correction.
Support 408, can push price up-to 492 and 530+ for corrective wave 'b'.
1 hour chart:
Loot up "EW Theory" for hourly TF.
398-408 is target for short sellers
Support 400 nearby to push price upside 458 nearby.
Validation:
- W2 & W3 corrective
- W2 retraced at 50% exact
- W3, price extended 161% compare to W1.
- The Corrective W4 traveled in rage between 38.2 and 50%.
- W5 exactly was normal.
The price is under the waves a,b, and c correction.
Support 408, can push price up-to 492 and 530+ for corrective wave 'b'.
1 hour chart:
Loot up "EW Theory" for hourly TF.
398-408 is target for short sellers
Support 400 nearby to push price upside 458 nearby.