Neo is forming an H&S pattern. Volume gives the confirmation MA20 and CCI favouring the move. Short trade. Target in Green Happy Trading.
Neo is breaking the downtrend and forming the inverse head and shoulder. If the formation is complete then we can see an uptrend. Post completion of H&S targets will be known.
I think dash is in wave 2. It should go down a bit to go up. What do you think ?
I think Maruti Suzuki is currently in its final wave before the correction.
Based on the Elliot wave, it is still bullish