ANDHRA PAPER LTDLong
ZIGZAG C WAVE IN ACTION.GET LONG
AFTER WAVE A 5 WAVE IMPULSE STOCK HAS BEEN CONSOLIDATING FROM LONG TIME AND HAS MADE ASCENDING TRIANGLE SORT OF PATTERN FOR WAVE B OF ZIGZAG.LOOKS LIKE WE CAN GET ANOTHER 5 WAVE IMPULSE FOR WAVE C WHICH CAN TAKE PRICE TO 340 A TYPICAL 1:1 EXTENTION OF WAVE A FROM WAVE B END.
ONE CAN GET LONG @ CMP OF 272 WITH A CLOSING STOP OF 239 ON DOWN SIDE AND TGT OF 292 AND 342 ON UPSIDE.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
ONE CAN GET LONG @ CMP OF 272 WITH A CLOSING STOP OF 239 ON DOWN SIDE AND TGT OF 292 AND 342 ON UPSIDE.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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