raghavendrakumart

Blue Dart Express - Investment BUY ( SIP basis )

Long
NSE:BLUEDART   BLUE DART EXPRESS
2
Trend is firmly down in multiple timeframes. Due to oversold nature + Positive RSI divergence in week timeframe - expect a sharp 10 to 15% return in next 8 to 12 weeks.

Multiple EW labels : Price is ending 3rd of some degree OR 3rd of C OR C of ABC fall.
Irrespective of the EW labels, bounce should come. Nature of the rise will determine the label.
Comment: Stock chart was orginally shared by Padiyaraa ji mentioning critical supports. I expanded the chart with EW and indicators.
Trade active: Stock on the move. Up 15% from the recommended levels.