INDUSTOWER - Corrective Rise C in progress?

CMP: 352.5
TF: 75 Minutes

After a 5 wave decline from July 2025, the price seems to be going up now in corrective ABC rise.

The internal wave counts along with fib extensions are marked in this chart for better understanding.

The C wave in corrective patterns is more or less equal to 3rd wave in Impulse structures. hence, this move could be the most rewarding one.

Ideal target is AB=BC, 100% extension.. but in worst case scenario, 0.618-0.786 can be expected on the safer side. In here, the levels are placed at 375-385-395

Lets see how it progresses from here on..

Entry could be after the breakout & retest of the falling trendline (Red)


Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.