ENVOYTEX : [ 02-Nov-2018]
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The Life Time HIGH = 61.60 taka (app.)
The Life Time LOW = 29.00 taka on 24-May-2018.
From this Life Time Low, price has been in up-trend.
Price Objective may be 43.60 ~ 44 taka (app.).
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Chart -2.
Now, we like to focus on price action in lower time frame.
From the LOW, the move is Impulse.
On 30-October-2018, price has destroyed the Blue Channel.
So, it is wave 3.
However, closing price is at the resistance level.
Hope, on Sunday price will breach the resistance level.
Importantly, price is close above the 161.8% Fib. level.
Hence, we mat expect wave 3 may terminate at 200% OR preferably at 261.8% Fib. level at 40.00 taka (app.).
Furthermore, the traders who missed the rally may join at the end of wave 4. 
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INVALIDATION : In any case, if the price goes below the wave 1.
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