Voltas EWT, Weekly TF. & Hourly TF.

19 May 2020

Elliott Wave footstep for Voltas:

Validation:

• W2 & W3 corrective
  
• W2 retraced at 50% exact
  
• W3, price extended 161% compare to W1.
  
• The Corrective W4 traveled in rage between 38.2 and 50%.
  
• W5 exactly was normal.
  

The price is under the waves a,b, and c correction.
Support 408, can push price up-to 492 and 530+ for corrective wave 'b'.

1 hour chart:



Loot up "EW Theory" for hourly TF.
398-408 is target for short sellers

Support 400 nearby to push price upside 458 nearby.