WAVE 1-2-3-4-5 has been completed as marked in a chart, further correction unfolding in flat corrective pattern with wave a & b completed and wave c down movement is expected to happen in minor 1-2-3-4-5 wave correction.
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Trade Setup :
-infratel is trading in a rising channel
-fake / minor breakout happened twice before
- wait for the breakout to happen.
Intraday : Buy
Best Buy After the Breakout .
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Asian Paint bounce back from its Weekly Upward Channel Support. It is also bouncing back from the 100 day EMA dynamic support level. Can go long.
SL- Below the Upward Channel Support.
Target- Upward Channel Resistance.
PNB 15 min chart but uptrend in 4-hour timeframe waiting for a clear retest around at 65/- but I can see that the stock has extended long towards downtrend and I am seeing some bullish pressure
Will be a clear buying opportunity above 66/-
Waiting for a clear confirmation in a lower timeframe.