The Elliott Wave theory is focused on identifying a trend in financial market values and is based on the assumption that market patterns that have prevailed in the past might extrapolate in the future. This theory was developed by Ralph Nelson Elliott in 1930. The theory still finds relevance among traders/investors and financial institutions.
Vedanta Oil & Gas, Vedanta Iron & Steel, Vedanta Power shares crash up to 8% post Q1 updates; Vedanta Aluminium rises
Shares of Vedanta’s recently demerged entities traded mixed after their Q1 business updates. Vedanta Oil & Gas, Vedanta Iron & Steel and Vedanta Power fell