Vedanta

Published: Mon, 02/20/17

An example of our Elliott Wave Analysis of Vedanta Posted out to Indiacharts Insiders on 02-01-17. Its simple direct and short. The idea is not diffficult. If you are new to EW analysis then watch the Free EW Basics video on the home page at www.indiacharts.com for everything else INDIACHARTS INSIDERS

VEDANTA
Keeping with the theme on commodities - Vedanta should have completed a 4th wave and wave 5 up starting. Conservatively 38.2% of waves 1-3 added to wave 4 give a Fibonacci number of 290 for wave 5 up. Support should be at 210 and 204.

vedl-020117

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