PIIND - TOP IS done?
PIIND: CMP 4570
It appears that the TOP is done.. 5 wave impulse from 2014 lows of 130 levels seems to be over now..
Chart is attached with counts for easy understanding.
On daily, diagonal is visible..
MACD crossover seen on Weekly TF with Double top/Divergence
On daily, Harmonic Pattern could potentially play out as copied below..
Views are personal and for learning purpose only and not a BUY/SELL recommendation. I am not SEBI Registered.. Please consult your Financial Advisor for investment decision
It appears that the TOP is done.. 5 wave impulse from 2014 lows of 130 levels seems to be over now..
Chart is attached with counts for easy understanding.
On daily, diagonal is visible..
MACD crossover seen on Weekly TF with Double top/Divergence
On daily, Harmonic Pattern could potentially play out as copied below..
Views are personal and for learning purpose only and not a BUY/SELL recommendation. I am not SEBI Registered.. Please consult your Financial Advisor for investment decision
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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