The triple bottom pattern is going to form. If it starts up tren and strong break at 77. then it will go till 85 Stop loss below 74. Buy above 77. Target - 85 Entry above 77 SL 74 ** Not a SEBI registered Adviser, just sharing my analysis**
1. It is a monthly chart . 2. The scrip moved above the 1.618 projection in minor wave 3 projection of 222 . So the next stop on its journey is 2.618 extension i.e 307 .With resistance at 245 . 3. It is in the zone of 3 of (3) of ((3)) at 2 degrees higher . 4. Highest RSI in over bought zone proves point 3. So the following can be concluded a. For people not...
Edelweiss Financial Services has taken long term support at the level 127 - 129. This script's growth is steady for two years. And its result is good. I expect this stock to gain 15 to 20 points in one year.