CA_Chetanbhasin

Paradeep potash technical projection.

Long
NSE:PARADEEP   PARADEEP PHOSPHATES LTD
The stock retraced from Golden Fibonacci ratio and formed cup & holder formation.
Breakout above 77 will likely open the stock to the levels of 86 (T1)/ 103 (T2).

Afterwards, there is a possibility of much larger Elliot motive wave rally to begin for targets of 180 (T3) and finally will be waiting for the final wave to 310 (T4).


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