Prince Pipes & Fittings Ltd Trend Analysis
Overall chart seems like a zig-zag ABC pattern, where B wave formed a double combo WXY correction consisting of zig-zag (W) and an elongated Flat (Y).
The higher degree wave C will be impulsive and can take almost equal time as wave A.
Good to accumulate for the following targets:
Short term target @ 1040 (55% ROI)
Long term target @ 1535 (130% ROI within 18 months)
Momentum will kick in once 770 level is breached.
Do your own due diligence before taking any action.
Peace!!
The higher degree wave C will be impulsive and can take almost equal time as wave A.
Good to accumulate for the following targets:
Short term target @ 1040 (55% ROI)
Long term target @ 1535 (130% ROI within 18 months)
Momentum will kick in once 770 level is breached.
Do your own due diligence before taking any action.
Peace!!
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