Cholamandalam has entered correction
Updated
The stock has completed an impulse pattern (5 waves).
It's now entering it's correction phase.
If the low of 1011 is not breached the stock will enter the next impulse wave.
For now it's better to wait and watch!!
It's now entering it's correction phase.
If the low of 1011 is not breached the stock will enter the next impulse wave.
For now it's better to wait and watch!!
Trade active
The destination of 0.618 (~1130) could be reachedTrade closed manually
The correction seems to over.Will keep you guys posted if any long opportunities arises
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