karora618
Short

PTC: A short candidate to look out for

NSE:PTC   PTC INDIA LTD
1) Triangle Breakout on the downside
2) Lower tops Lower bottom is seen on the chart
3) Can be shorted at the end of wave D (Around 118 level) which is assumed to be end at 61.8% Fib level with a target of 100 where there is a demand zone
4) Also to look out for is RSI which is taking a support at 35
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