In Correction wave a) wave took place and for retracement b) wave and still a little more correction was pending it seems to be. and the fall is expected from there.
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
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I think IGL might be in a distribution phase. kindly consult your SEBI registered advisor. I just came across a news regarding DELHI EV POLICY recently.
The chart below are my analysis of next move.