the chart currently running in Flat ABC correction that is major.
in Flat ABC correction currently running with "Barrier Triangle" with ABCDE waves.
now as we can see the "E" is completed, now just wait for the breakout to happen,
after breakout we can see impulse with 5 wave.
for trade wait for daily candle to give closing above 4.15, once we got daily...
NSE:RENUKA currently it's in bearish pennant pattern, when it gives break down than target of pattern should be at 32 or 33.
LONGS can be traded once it gives weekly closing above 51 with SL of 47.70 daily closing for target of 1st 60 (after 1st tgt trail SL to below 56 daily closing), 2nd 63.25 (after 2nd tgt trail SL to below 61 daily closing), 3rd 68 (after...
