Sikko Industries is at perfect position to Buy and go long
Analysis Done according to Elliott wave theory for holding period 6 to 12 months.
CMP is 103 on 29 October 2024
The correction has completed its Main wave 3 Subwave 2 and now Main wave 3 Subwave 3 is about to start and price can give us movement till 160 to 200 level so keep accumulating this share.
Fundamentally The share has reported highest profit in the year 2024 so price correction is complete and now fundamentals will support its technical movement too.
CMP is 103 on 29 October 2024
The correction has completed its Main wave 3 Subwave 2 and now Main wave 3 Subwave 3 is about to start and price can give us movement till 160 to 200 level so keep accumulating this share.
Fundamentally The share has reported highest profit in the year 2024 so price correction is complete and now fundamentals will support its technical movement too.
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