Correction is done
GSPL- CMP 390.40
Elliott- thats a zig zag bullish corrective pattern and they often appear in strong bull trends. A fast correction and then the up trend again resumes.
Fibs- It is at 61.8 % fib retracement from a higher zone. This is strength.
RSI- +ve divergence at support is indicating reversal.
Trendline- one can buy this counter on a close above the trendline.
Elliott- thats a zig zag bullish corrective pattern and they often appear in strong bull trends. A fast correction and then the up trend again resumes.
Fibs- It is at 61.8 % fib retracement from a higher zone. This is strength.
RSI- +ve divergence at support is indicating reversal.
Trendline- one can buy this counter on a close above the trendline.
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