Hello & welcome to this analysis
Stock has been a rank outperformer giving multi bagger returns but after lengthly periods of sideways correctives as can be seen since its listing.
Currently also in its corrective with no clear direction indication in any time frame.
All the best
I had previously posted how certain key stocks are tracing a triangle in Elliott fourth wave.
The list is unending....All key stocks including Reliance, HDFC, HDFC Bank, ICICI bank, Kotak and Axis are tracing a triangular pattern. Even, BANKNIFTY, NIFTY and NIFTY NEXT 50 are tracing one. Yet, financial media is super dumb and will not talk about any of...
Nifty Jr has outsmarted Nifty 50 for quite some time now. This may well coincide with the theory that not all large cap stocks will perform at the same time. Nifty 50 has been mostly driven by a few countable stocks like Reliance, TCS, HDFC, etc. If you can spot such stocks you can also outperform Nifty 50. On the other hand Nifty Jr has cumulatively and steadily...