SCBNifty

AWL Traders trap

SCBNifty Updated   
NSE:AWL   ADANI WILMAR LTD
Observations on the chart.

Using Elliott Wave Only
My Views:-

Although AWL has good growth potential,
Its on wait n watch list;
Will review and consider, Adding to medium term holding around 650.00
(Deeper correction can't be ruled out.)
Trade active:
This is a quick inner C count completion at 630.20, Looks like a retest of trend line is going to be attempted around 760.00.

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