TIPCO Completed Rounded Bottom Wave 4 Towards Wave 5 Completion

By Alfin
Updated
Accumulation which started since 2021 is come to completion with the completed rounded bottom. Market is trading above the Year Open and have been consistently edging higher on a series of Higher Lows weekly candles. Bullish above 9.50 towards 11.5 (4 years High), breaking which will open further rise to 12.4/5.

A daily/weekly close below 9.30 will invalidate the bullish idea.
Trade closed: target reached
breakoutChart PatternsElliott WaveelliotwaveanalysisroundedbottomSupport and Resistancewave5

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