Niftydirection

SHREE PUSHKAR CHEMICAL AND FERTILIZER to Extend in Wave V

Long
NSE:SHREEPUSHK   SHREE PUSHKAR CHEM
THIS IS MICRO CAP STOCK don't allocate too much capital based on this analysis

Stock has subdued upward move with increasing volume .
Wave iii was channel bound and moved little more than 1.618 that means wave v will extend
Wave v non extended target is at 0.618 Fibonacci extension 230 and extended target 280.
Stop loss 160 and entry near 190 can be taken

DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis

I may or may not trade this analysis. Details in description.
-------(((((Please LIKE or Comment)))))-------

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.