@VipinSharma, I am still not convinced its Going to make any up move , yes I agree for short term it has moved Quite Good , I have no doubt about your chart or Your analysis , Surly its Correct , but When i look in the longer term prospective I still have a views of its further down side , I have posted on weekly chart 4 weeks prior to this as sell on rise near 335/340 , if you visit my post you will understand also i will try to attach here in next message
Regards Kimara
@kimara, thanks for sharing. but
1. your trend line has two consecutive lows but third one is disconnected. so there should be a different slope for trendline connecting last two previous lows
2. now its a breakout from previous str high. and will find support there.
anyway i may be wrong but my another order is placed.
@VipinSharma, Vipin ji i still I think its ABC Correction , Now B wave is completed as per my understandings ( its making Expanding Flat) , No doubt i may be wrong , Lets see how the Next trend moves , And trend line are insignificant they are just placed only for visual representation ,
Thanks for your efforts in giving very detailed information
Lets see how it Unfolds
Best Regards
Kimara
@Hulk703, https://invst.ly/69rgc stock is in downtrend but at support where it has acknowledged bounce. trade only after confirmation that it has support intact. sorry for late reply
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Regards
Kimara
Regards Kimara
1. your trend line has two consecutive lows but third one is disconnected. so there should be a different slope for trendline connecting last two previous lows
2. now its a breakout from previous str high. and will find support there.
anyway i may be wrong but my another order is placed.
Thanks for your efforts in giving very detailed information
Lets see how it Unfolds
Best Regards
Kimara
Vipin Sir
please can you advise on this stock
Appreciate your help