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AdarshDey
Nov 3, 2022 8:17 AM

BOMDYEING in Bullish Wolfe Wave Long

BOMBAY DYEING &MFGNSE

Description

BOMDYEING in Bullish Wolfe Wave. It can be bought with a SL of 79 for the target of 94.80 and 108.80. The Directional movement on the downside seems exhausted and a reversal is expected.

( It should also be noted that the result date is 4th Nov 2022, the uncertainty remains high so please put a strict SL)

CHART & ANALYSIS
-- ADARSH DEY

Trade active

A good sign of Bottoming out. Hopefully it will resume upside towards the targets
Comments
rakesh1205
I have bought at 110 , can I make average now ? Is it good to hold for long term pls guide
AdarshDey
@rakesh1205, Yes , You can average. Target and SL remains same. Long term picture is very difficult to predict for Wadia Group. Please do your own research
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