padiyara

Honda Siel Power: ₹1336 ,Trading below 1329 will see1170 minimum

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NSE:HONDAPOWER   HONDA INDIA POWER
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Honda Siel Power: ₹1336.4 is correcting now from a strong bullish move, near to its channel bottom tend line. A break out form the TL is occurred last day, with the indicators turned negative, the stock can come down to a minimum 38% retracement supports ₹ 1170.
Resistance:₹ 1400'

Mothly chart
Comment: Falls Break out, & bullish strong reversal,made the trend continued.

Comments

Looks like wave 3 (major) completed.
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padiyara kailasp4u
@kailasp4u, yes sir
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