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Post Ending Diagonal Moves - Asian Paints & Indusind Bank

Asian Paints:


ED completed at 1227 and then prices fall sharply in wave "a" of bigger wave A to 869. Post that wave "b" is look like completed at 975 ( Confirmation only when price crosses 890). If wave "c" is started then we may see prices reaching sharply to 800/720 in 2 weeks' time. Posted below weekly chart of Asian Paint:


Indusind Bank:


ED completed at 1236 and then prices fall sharply in wave "a" of bigger wave A to 1036. Post that wave "b" is look like completed at 1117 ( Confirmation only when price crosses 1040). If wave "c" is started then we may see prices reaching sharply to 970 in 2 weeks' time. Posted below weekly chart of Indusind Bank:

 

Identifying ED can provide excellent opportunity to trade in options and make quick returns!

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