Short around 800 with SL at 830 and Target at 610.
Disclaimer : I am not a SEBI registered investment advisor. All views expressed are for educational purpose only. Kindly consult you financial advisor before trading or investment. I may or may not have position in the stocks described for trading or investment view.
Doesn't look that good. I have my primary count for Shriram Transport finance doing a WXY down on the weekly frame and its safe to say so as its clearly visible if you zoom out that it completed 5 waves up on the weekly. Although wave structures as big as this don't fulfil their targets 100% but i'll still be keeping my long term targets near INR 2400-2700 ranges...
Everything on chart given.
Wait for Monday price action. (Haste is waste , patience)
Once First target is achieved Book partial /full profit and
trail the rest in case of partial profit booking.
Remember : Profit (Finance) wahi jo ghar aya :-) .
Note : Consult your Financial adviser before investing. Risk of financial loss.
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