Wednesday, February 17, 2016

Atul Auto - 17-02-2016 daily chart

It looks like Atul auto is forming a triangle. It is final leg where it has completed a & b. Now the final leg of this 'E' wave, which is 'c' is in progress. This may complete near 400.

If we see the length of 'a' => 584.60 - 459.05 = 125.55
if a=c then 'c' => 485 - 125.55 = 359.45

c=a * 0.618 (minimum) = 485 - (0.618x125.55) = 407.40

So 407 to 360 can be the range to enter into this for a spectacular 5th wave up. Which may go up towards 850 to 950 range if holds the triangle boundaries.


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