Reasons for long:
1) Long as per 5th wave, in uptrend with a strong movement today
2) Above Fibonacci resistance, can continue up-move
3) Pharma /Hospitals are in overall up trend
4) Buy above
4) Targets essentially: Target 1: 1,535; Target 2: 1,550: Target 3: 1,584. SL: 1,519 (small one , SL has to be as per one's appetite and on basis)
Hope you are all enjoying the EW analysis.
#Disclaimer: This is for educational purposes only. Trade at your own risk. Stop loss is essential. Trail diligently