After forming a high of 501 stock is falling in a corrective manner. This correction should reach upto 50% of the previous rise i.e. 50% of the distance travelled between wave 2 and wave 3 . The correction can be extended to the previous 4th of the lesser degree i.e. the region of 300 zone .
i bought this stock at @422.51 but after 2 days of +ve holding the result is -1000 rs and above ,,,this company is fundamentally well and good but why its falling idk ,,,,,china is one of the reason or not idk but seriously should i hold or exit taking the loss
TradingSutra
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@abhisheksarda429263, It will make new high . If you have entered as an investor then you should hold .