UNDERSTANDING {HINDALCO} WITH (WAVES)!!!

By WavesandZones
https://www.tradingview.com/x/kNE2kJGM/

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,

https://www.tradingview.com/x/jqevdp8E/

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!!!)

https://www.tradingview.com/x/EZEfEPdA/



I jus Hope this is Understandable!!!
ENJOY THE LAST UPRIDE!!!
Elliott WaveHINDALCOhindalcoanalysisHINDALCOBULLISHhindalcobuyinghindalcoindustrieshindalcolonghindalcotradehindalcotradesetuphindalcotrendSupply and DemandTrend Analysis

Disclaimer