מעודכן
Amara Raja Batteries:702, A consolidation phase is yet to finish
Amara Raja Batteries:702 A consolidation phase is yet to finish (may be arround 630 range). Hope that the earlier the best. It is a good stock to be invest in for long term from the current level. Indicators are oversold and continue to be bearish.
Assumes that we are in wave c of the correction wave 4,
doesn't seems to be completed yet. A Fibonacci retracement
38.2% of wave 3 is achieved and a normal target for wave 4,
which is also equal to a=c having a confluence. wave 4
can correct to 50% even, which make it an extended wave c.
Anyhow on completion of wave C we are going to see a
new bull run for the wave 5.
Assumes that we are in wave c of the correction wave 4,
doesn't seems to be completed yet. A Fibonacci retracement
38.2% of wave 3 is achieved and a normal target for wave 4,
which is also equal to a=c having a confluence. wave 4
can correct to 50% even, which make it an extended wave c.
Anyhow on completion of wave C we are going to see a
new bull run for the wave 5.
הערה
A hypothetical view on expected trajectory line.But just don’t rely on it blindly :D
הערה
Not touching the Bottom TLwith some variance for the actual projectile it is moving up.
הערה
@kbmj welcome :D
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