Larsen & Toubro : Crashing to 555 ?

Updated chart as on 23/11/2011









Quoting: "Head and shoulder in Larsen Toubro, target wave C to 555 number of devil! " from
http://www.elliotwaveindia.com/2011/11/elliot-wave-india-monthly-forecast-oct.html
Suggested SL = 1266

Larsen Toubro : Elliott wave forecast

"Head and shoulder" formation in Larsen Toubro chart leads to a target for wave C to 555 (with a stop loss =1462) according to EWI http://www.elliotwaveindia.com/2011/11/elliot-wave-india-monthly-forecast-oct.html