Few reasons to focus on this stock:
It has recently touched and took support at the 0.618 Retracement level of entire 0-3 Wave.
It is at monthly trendline support.This is a very strong support
It is backed by Dis-investment theory.
Any strong reversal can make this stock fly
Previously I have done mistake by taking buy decision at an intermediate support. I have learned an corrected this time.
Hope it gives a proper and promising reversal from the mentioned zone.
CHART & ANALYSIS
ADARSH DEY
It has recently touched and took support at the 0.618 Retracement level of entire 0-3 Wave.
It is at monthly trendline support.This is a very strong support
It is backed by Dis-investment theory.
Any strong reversal can make this stock fly
Previously I have done mistake by taking buy decision at an intermediate support. I have learned an corrected this time.
Hope it gives a proper and promising reversal from the mentioned zone.
CHART & ANALYSIS
ADARSH DEY
Comment:
As expected , showing early signs of reversal. Soon it may Fly
