In this weekly chart it seems wave (a or i) is completed at 904 and wave (b or ii) formed a WXY(double zigzag corrective) pattern and made low near 61%. So there is a possibility that wave (c or iii) is already started or it may start soon and this stock may bounce in given range in chart. Its again a good long term investment stock which is available at lower price.
The Elliott Wave analysis indicates that the stock has finished waves (i) and is nearing the end of waves (ii), which are shown by blue numbers on the daily chart.
Wave (ii), also known as the corrective wave, unfolded in an a-b-c pattern, as indicated in red.
Wave c of wave (ii) is unfolding, and it is a buying opportunity on the downturn (dip).
The chart...
No comment about fundamentals, purlty technical. Stock ready to fly, but trade carefully. in the week to come targets may be very big but targets for tommorow have been provided on the chart.
Disclaimer: I am not a SEBI Registrered Analyst, please consult your financial advisor before making any decision. I will not be responsible for any of your profits or...
On the weekly chart shows bullish and on a daily chart created a W pattern.
This is just for educational purposes and understand how technical analysis works.
Hey there i am sharing my spot trading levels for the rossari biotech
In my opinion it has some great potential for the bigger profit in one year
BUY IT IN THESE LOW LEVELS
NOTE= I AM NOT A CERTIED SEBI FINANCIAL CONSULTANT ALL THESE LEVELS ARE BASED ON MY OWN TRADING EXPERIENCE
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.Tweets neither advice nor endorsement
Stock had came down from 1580 level to 550. That is 75 % break down. ow it had formed.bottom at 595 and moved above 0.238 retracement. Next retracement 0.318 is placed at 940. So there 8s good 75 points gain. When ever stock cross 0.238 retracement level and trade there for two three days, possibility for reaching higher retracement level increases. MacD is...
On the #ROSSARI daily chart, Downward TrendLine Breakout With Good Volume., please keep it on your watchlist. The reversal is also confirmed by the #Nifty/ROSSARI #Ratiochart.
BSE: 543213
NSE : ROSSARI
I compared #ROSSARI vs. the #Nifty and its peers from December 1, 2022, and discovered that it just started outperforming both the #Nifty and its peers in the...
Rossari looks good
Fundamentals : Very strong, consistent growth on Sales and Profits, Healthy Reserves Vs very low debt, FII - DII Stakes increased.
Technicals : on strong support, listing price, discounted.. Mostly should consolidate and reverse!
R 1: 795
R 2: 890
R 3: 1000, above that 1300+ possible
S : 630
#Rossari Biotech TimeCycle.
you can observe time cycle
448 days took to go low to high
and same time period in High to low.
Now it's seems trend will change.
CMP:754 @ 28 Dec 2022
