TATAELXSI

I am posting daily chart of TATAELXSI to understand it's structure. It has completed intermediate wave (1) and now correcting in the wave (2). It seems that the correction is over and now we are in wave (3) but this will be more confirmed once the price gives breakout from the level of rs. 700 after this the wave (3) may complete up to the level of 895.

Disclaimer: This and all the ideas I present are for educational purpose only.