17 August 2014

ICICIBANK - Short Term View

24th Aug

Moving exactly as expected.
1590 next.




17th Aug

ICICIBANK is in wave 5 of wave III (Primary degree). It has completed 2 legs of this move and currently running leg 3 with target of 1522 to be followed up by 1590 and 1668. Every dip here is a long opportunity. However being wave 5, expect it to throw up difficult counts, possibly a 5 wave channel move or an ending diagonal.



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