Note : This idea is only for Learning and educational purpose and It's not a buy or sell signal.
LIC of India completed one big Elliot wave Cycle (1-2-3-4-5 & A-B-C) and also Completed one Subwave (1-2-3-4-5 & a-b-c) and now it's heading for 3rd of 3rd Elliot wave.
Immediate target is new lifetime high and it can double from here.
It's taking support from Monthly Drop-Base-Rally Demand zone and there are no fresh supply zones available on higher side.
LIC of India completed one big Elliot wave Cycle (1-2-3-4-5 & A-B-C) and also Completed one Subwave (1-2-3-4-5 & a-b-c) and now it's heading for 3rd of 3rd Elliot wave.
Immediate target is new lifetime high and it can double from here.
It's taking support from Monthly Drop-Base-Rally Demand zone and there are no fresh supply zones available on higher side.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.