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NSE Ajmera Is Impending Declining Unimaginable.

Posted: 21 Feb 2022 07:32 PM PST

Price has completed a five-wave corrective structure at 495.
The corrective waves consist of three waves wherein B is a corrective, and A & C are the impulsive waves of corrective structure.

Wave B has broken down the ending point of wave A, which suggests that wave C has started.

Measurement for Wave C:
Wave C can accomplish 61.8% of impulsive structure at 344.
Wave C can finish at 100% of wave A at 320.
Wave C can complete at the lower band of the corrective channel.

Traders can trade for the following targets: 360 – 356 – 342+

Head and shoulders pattern:
Right shoulder has broken down the neckline of the head and shoulders.
Head and shoulders also suggest a bearish atmosphere.

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