Elgi Equipments Extensions in 5th wave

All details on the chart if you get any pullback towards 250-40 zones add with nearly 15% stop loss for 25-28% target 1. Mostly it will hit target 2 as wave 3 was not extended. Also channel on wave 3-4 broken so it would be bullish.

DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
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Not recommended to take FnO positions based on this analysis

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elliottwaveprojectionElliott WaveelliotwaveanalysisFibonacciFibonacci ExtensionParallel Channel

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