Larsen and Toubro Elliot Wave Analysis

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LT @ 3372 WAVE & LEVELS UPDATE
•  Stock started its bull cycle from COVID LOW which is 620.
•  From 620 stock posted high of 2033 here we got wave-1.
•  From 2033 stock posted low of 1425 here we got wave-2.
•  From low of 1425 stock started its wave-3 which is moving by forming its own 5 sub waves & its markings are below.
•  From low of 1425 till high of 2285 wave 1st of 3rd completed.
•  From high of 2285 till low of 2060 wave 2nd of 3rd completed.
•  From low of 2060 till high of 3865 wave 3rd of 3rd completed.
•  From high of 3865 wave 4th of 3rd completed or about to complete between 3230 to 3184 spot levels & anywhere from this support zone it should start wave 5th of 3rd or it has already started wave 5th of 3rd for upside minimum 4108 & maximum 4396 to 4683 as next projection to complete wave-3.
•  NOW KEEP CLOSE EYE ON 3230—3184 AS LONG AS THIS SUPPORT ZONE IS HOLDING ON DAILY CLOSING BASIS CONSIDER THAT BOTTOM IS DONE OR ABOUT TO DONE IN WAVE 4TH OF 3RD AND SOON STCOK IS ABOVE TO MOVE UP TOWARDS 4108 TO 4683 ZONE AS NEXT UPSIDE LEG

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