the down fall has resumed

233
Godrej CP CMP 1189

Elliott - This is a zig zag corrective pattern. The B wave rally is over and now the C wave has started. The A and C have a 1 and 1.618 relationship. Hence this correction will not get over before 790 and max 500.

Directional Signal - the Inverted V is a directional signal and is warning u of a deeper fall ahead.

Oscillator - both the oscillators are below the MA cross and is conforming the C wave downfall.

Conclusion - the C wave down fall has begun and hardly gives an opportunity once in force.

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