Affle India Ltd-1W

Going through the Affle India Chart, It seems it is in major 4th wave and making an expanding flat wherein the (b) point has retraced beyond beginning of (a) point. It seems it is making a 3:3:5 structure, currently we are in 4th of C leg of the Flat. C leg is supposed to be in 5 wave structure. The correction may end near 820 and the longs in the instrument may be initiated near 820-910 levels i.e., .618x /.382x extension of 3rd wave.
This is only a view not a trade/investment advice.
Before going for any investment please take the advice of your financial advisor.

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Chart PatternselliotwaveanalysisexpandingflatWave Analysis

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