19th May 2025 / 10:42AM
Why AWL?
1. AWL was in Huge Correction mode after its first high after listed.
2. Correction path is showing clear Wave counts, finished Wave 5 downside and recently it likely in ABC Wave upside.
3. AWL was range bound for quite a time and recently shown upside overthrow (Fake Entry Buyside) from strong range and now likely same overthrow for downside also.
4. Price Action does this when some big move about to come it shakeout both Buyers & Sellers before going for final move.
5. Bullish traits like Inv. H&S and Wave counts, and Bullish Range bound is giving enough conviction to bet on this.
SL & Targets are pinned in Chart.
AWL has low P/E Ratio compared to its Industry.
Wave Count shown in Chart is rough prediction can be varied👍
Long Term Target SL will be 250 Rs.
Why AWL?
1. AWL was in Huge Correction mode after its first high after listed.
2. Correction path is showing clear Wave counts, finished Wave 5 downside and recently it likely in ABC Wave upside.
3. AWL was range bound for quite a time and recently shown upside overthrow (Fake Entry Buyside) from strong range and now likely same overthrow for downside also.
4. Price Action does this when some big move about to come it shakeout both Buyers & Sellers before going for final move.
5. Bullish traits like Inv. H&S and Wave counts, and Bullish Range bound is giving enough conviction to bet on this.
SL & Targets are pinned in Chart.
AWL has low P/E Ratio compared to its Industry.
Wave Count shown in Chart is rough prediction can be varied👍
Long Term Target SL will be 250 Rs.
Trade active
Hit SL for Short Term but Good Thing is no further Downside from 258 Rs to Long Term SL 250 Rs. ALL OVERVIEW IS SUSTAIN AS BEFORE. 📈
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.