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Kotak Bank

4 Feb 202107:19 AM

The guideline of alternation is clearly followed here. Wave 2 is an expanded flat which took time, and wave 4 is a zigzag that was steep and sharp. Wave 3 was also extended in size and therefore wave 5 is unlikely to be extended. Ideally, wave 5 is equal to wave 1 which would put it near 2300.

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