Wave 4 begins new low could be 948...

تم تحديثه
Another Adani pattern is on Mahindra and Mahindra. For M_M wave Elliot impulse Wave 3 ends and Correction of wave 3 (Wave 4 begins). Volume has decayed and new highs has been rejected. Lows could for 948 leve with an SL of 1380....This could be a good short opportunity.
ملاحظة
Trend continues.... Critical support at 1200 level. I am expecting this to be broken....
ملاحظة
Expecting a pull back till 1300 before final fall....
ملاحظة
A pull back and trend continues....
ملاحظة
Mahindra 1212 to act a temporary support... and eventually will be taken out...Fresh short can be initiated below 1200 level..
ملاحظة
And falls continues... headed for 1054 by March expiry...
ملاحظة
It should hold 1100 to 1150 level.
Chart PatternsGannTrend Analysis

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