Details marked in chart
- With an irregular flat as Wave 2, a zigzag for wave 4 is normal - as per the rule of alternation.
Here we have a short C wave for the zigzag .A short C wave in a zigzag indicates a probable retrieval of the entire zigzag.
A reversal candle happened yesterday. Next candle on Monday should confirm the reversal. If the reversal is confirmed expecting a minimum target of 122 - 126
Normally i love multi baggers for long term investments. This looks good for short term.
Another possibility is that it could give a 5th wave extension. Will keep a watch.
Disclaimer : I dont own this stock in my portfolio
- With an irregular flat as Wave 2, a zigzag for wave 4 is normal - as per the rule of alternation.
Here we have a short C wave for the zigzag .A short C wave in a zigzag indicates a probable retrieval of the entire zigzag.
A reversal candle happened yesterday. Next candle on Monday should confirm the reversal. If the reversal is confirmed expecting a minimum target of 122 - 126
Normally i love multi baggers for long term investments. This looks good for short term.
Another possibility is that it could give a 5th wave extension. Will keep a watch.
Disclaimer : I dont own this stock in my portfolio
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.
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.