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WavesandZones

UNDERSTANDING {HINDALCO} WITH (WAVES)!!!

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HINDALCO INDS (NSE:HINDALCO)  
WavesandZones  
NSE:HINDALCO   HINDALCO INDS
Trend Analysis Elliott Wave Supply and Demand HINDALCO hindalcolong HINDALCOBULLISH hindalcotrend hindalcotrade hindalcoanalysis hindalcoindustries hindalcobuying hindalcotradesetup
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trendanalysis elliottwaves supplyanddemand hindalco hindalcolong hindalcobullish hindalcotrend hindalcotrade hindalcoanalysis hindalcoindustries hindalcobuying hindalcotradesetup
snapshot

Price has formed a 5 Wave Impulse in Monthly chart, which completes the Wave 1 in the Higher Loop
Currently Price is in Correction forming the Wave 2 in the Higher Loop, which ends in a Demand formed in the 12 months chart @ 284.00 also this is the Price from where the Wave 3 starts,
Focusing on the current Price we are in a simple correction in Monthly chart,

snapshot

Price has a fresh Monthly Supply which will complete the last WAVE C of the Wave 2 also we have a small Buy Trade before the Wave C (Declining Impulse begins!!!)

snapshot



I jus Hope this is Understandable!!!
ENJOY THE LAST UPRIDE!!!
Penafian

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