Details marked in chart
- With an irregular flat as Wave 2, a zigzag for wave 4 is normal - as per the rule of alternation.
Here we have a short C wave for the zigzag .A short C wave in a zigzag indicates a probable retrieval of the entire zigzag.
A reversal candle happened yesterday. Next candle on Monday should confirm the reversal. If the reversal is confirmed expecting a minimum target of 122 - 126
Normally i love multi baggers for long term investments. This looks good for short term.
Another possibility is that it could give a 5th wave extension. Will keep a watch.
Disclaimer : I dont own this stock in my portfolio
- With an irregular flat as Wave 2, a zigzag for wave 4 is normal - as per the rule of alternation.
Here we have a short C wave for the zigzag .A short C wave in a zigzag indicates a probable retrieval of the entire zigzag.
A reversal candle happened yesterday. Next candle on Monday should confirm the reversal. If the reversal is confirmed expecting a minimum target of 122 - 126
Normally i love multi baggers for long term investments. This looks good for short term.
Another possibility is that it could give a 5th wave extension. Will keep a watch.
Disclaimer : I dont own this stock in my portfolio
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