Medium term trend is down
Voltas- Strength followed by weakness. This is killing of bull trend.
Elliott- This is double zig zag. The second one has started in my view. X is a Flat corrective pattern. That the second rally could not even reach 930 is a subtle indication of weakness.
Fib - That the rally cannot go above 38.2% is an indication of further weakness.
Elliott- This is double zig zag. The second one has started in my view. X is a Flat corrective pattern. That the second rally could not even reach 930 is a subtle indication of weakness.
Fib - That the rally cannot go above 38.2% is an indication of further weakness.
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