Jain Irrigation - Wave 5 completed, Now in Corrective Phase
As per the price action, it seems like 5 impulse waves are completed within the up-trend channel and now it will move further in corrective phase where 3 waves will continue rallying downward against the trend. The three corrective waves would name A B C. I have marked only Wave A in the above chart.
Trade ist aktiv:
Observed a Doji candlestick that indicates indecision. We might see a short selling soon.