INDUSIND BANK LTDShort
Wave A of Intermediate degree began on 7th Dec. 594 coming??
Intermediate Wave A of Primary wave 2 of Cycle wave V.
wave 2 likely to take the price at least to 594 or its possible that wave A itself might find its support at 594 which is at the level of end of Minor wave 2 of Intermediate extended wave 5.
As the theory suggests that after an extended wave 5, wave a is likely to find its support at the end of wave 2 of extension.
Timing- From Jan 2021-March 2021, Likely price 594, which could either be the whole Primary wave 2 or could be only intermediate wave a.
wave 2 likely to take the price at least to 594 or its possible that wave A itself might find its support at 594 which is at the level of end of Minor wave 2 of Intermediate extended wave 5.
As the theory suggests that after an extended wave 5, wave a is likely to find its support at the end of wave 2 of extension.
Timing- From Jan 2021-March 2021, Likely price 594, which could either be the whole Primary wave 2 or could be only intermediate wave a.
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