Deepak Nitrite CMP 1526
> Elliott - This stock made highs in Sep 21 and since then has been in a corrective mode. The rally to new highs in July 24 is also part of the correction. The C wave is in its v th and last wave of correction.
> Fibs - in my view the stock should bottom either at 1425 or 1348.
> Conclusion - We will follow this stock as this will be the first one to bottom.
> Elliott - This stock made highs in Sep 21 and since then has been in a corrective mode. The rally to new highs in July 24 is also part of the correction. The C wave is in its v th and last wave of correction.
> Fibs - in my view the stock should bottom either at 1425 or 1348.
> Conclusion - We will follow this stock as this will be the first one to bottom.
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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.