COROMANDEL - NEXT Candidate for 10% move?
Daily chart with internal counts is shared here..
Looks like the impulse 5 wave move is complete now. A pullback to 1500 is on the cards.
I believe that the price is still in it's 3rd wave (Primary count) On Weekly TF. But will wait for the specific levels to confirm..
Here is the chart on weekly counts.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
Looks like the impulse 5 wave move is complete now. A pullback to 1500 is on the cards.
I believe that the price is still in it's 3rd wave (Primary count) On Weekly TF. But will wait for the specific levels to confirm..
Here is the chart on weekly counts.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
Trade active
from 1800 it went to 1900 and fell down to 1740.. Closed at 1780..
There could be volatility in the coming days
Results are due by last week of Jan and the budget is also a big event for this stock.
Price is still above the Daily Cloud and 200 DEMA.. Bear this in mind as a contra view also..
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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.