Pokarna Stock Is A Money-Making MachinePokarna has completed its impulsive wave c of the corrective wave ((4)). Wave C has traveled 100% Fibonacci extension of wave A at 548 .
Currently, the price has broken down the A wave at 585. If it sustains below 585 , traders can expect the following targets: 558 - 536 - 505 .
505 is strong support because corrective wave 4 accomplish near the corrective wave 4 of a lower degree. If the bull fails to keep the price above this level, we can see a big downfall.
Otherwise, the price will touch the control line and then the upper band of the descending channel .
I will update further information soon.
