TUBE INVESTMENT - Long-term Trend Analysis 1. It breaks the primary trend in daily and weekly candles. Negative sign. 2. The last chance is this week, if it closes above 1630 then it may get an upward reversal. 3. If it falls under the primary trend it has a bright further. 4. first upward target is 1860 and if the market reveals means 2400 will be the ideal...
Breakout possible in Tube Investments of India Ltd this week
Stock is continuously in Bullish sequence so Ideally we should look for Buying opportunity in correction and enter at extreme levels as per our system After making high on 12Nov. Stock is in making of 3 Wave correction down in ((W)) ((X)) and ((Y)) black. @ 1800 we expect ((X)) black to complete - which is 100% retracement of (w) blue from (x) blue. From this...
buy above 1200 for positional keep stoploss below 1130.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...