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raghavendrakumart
Feb 16, 2017 5:26 PM

Blue Dart Express - Investment BUY ( SIP basis ) Long

BLUE DART EXPRESSNSE

Description

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.
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