The stock was seen rising in an impulsive 'wave I' structure between March-Sep 2023.
Wave II happened between Sep-Nov and wave II managed to retrace 38.2% of wave I.
The stock since completing the wave II correction in Nov has displayed two impulsive waves making the labelling as I-II-i-ii-i-ii and hence creating room for many legs to unfold going down the months in 2024.
The bigger Wave III target is projected to be around INR 100 mark providing an upside potential of around 50% from CMP.
On the downside, INR 64 can be used as a 'SL'.
Wave II happened between Sep-Nov and wave II managed to retrace 38.2% of wave I.
The stock since completing the wave II correction in Nov has displayed two impulsive waves making the labelling as I-II-i-ii-i-ii and hence creating room for many legs to unfold going down the months in 2024.
The bigger Wave III target is projected to be around INR 100 mark providing an upside potential of around 50% from CMP.
On the downside, INR 64 can be used as a 'SL'.
ノート
sl trailed to 65ノート
sl trailed to 70
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。