PGHL Monthly Chart Analysis ------------------------------------- 1) PGHL is trading at the approx 29 % discount value from the all-time high. 2)Since the last three months, it has been consolidating in the range (Marked in the Red Box). 3) Upside Range break out is an entry trigger. 4) Daily Close below 5100 is Stop Loss. 5) Fibonacci Projection of .618 of Wave...
-NOT FINANCIAL ADVICE- also this is my first time posting so the draft might be a bit amateur. let's start- The current trend should continue for the next 7-10 days barring a major Sell-off, hence we should testing the 58k fib level within August. There could be some sideways action at that level. Then 2 things could happen:- Bullish projection- All time high...
If breaks out 19075 level then expect 15% returns till Diwali
I always love to trade such a chart but on 5 min. time frame :) Not possible ?? Yes, its possible.. but we will discuss on this topic later in some other post. CORRECTIONS and the ELLIOT COUNT: In this chart I can see three major correction. Each one having a different topping pattern. The first correction has a Rising Wedge; the second has Triple Top and...