Looks Weak For January Series With Stop Loss 95.
Trial SL As Per Comfort.
Other Details Mentioned In Chart.
Risk Reward Favourable.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
Obviously this will negated if it doesnt take over 3 points of resistance it will get on it way to completion of wave 3. but looks as if this could be a good buy ! i will also post another way of looking at things. ultimately they both should mean the same ..
PS : I am not an EWT expert , and do not use it much in my analysis.
One can look for Going long on weekly reversal candle close , this scrip is high volatile , dont do experiments , buy only after reversal and stay with it until you see its losing the value , and please trail your stop , i received few request in PM they dont know what to do on long term trend and they took few loses , so trail your stop to daily low and let ...
near to the lower end of the channel, so could see a bounce back of 100 levels.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.