LT Elliott wave

NSE LT 26NOV2015_Daily_3Year

LT price has completed its Primary EW degree and forming a double corrective waves. Currently, price completed 5th of C i.e 161.8 of A and also 0.618 of 3rd of C .

For a better risk reward ratio one can go long with 1329 ( cash) SL upside move till 1409-1419 levels.