Praj:81.25 We are currently in bull run wave [3]
Praj Industries Ltd:81.25
On completion of the correction, next Resistance will be ₹120
and in long term, targets will meet a ₹296 ₹358 & even ₹460 Fibonacci projection levels.
stop loss on completion wave (2) can be end at 64 or 55.
The 2008 top ₹268 concluded a primary wave 1] with an extension in its inter mediate wave (5), made a drastic fall , correcting the entire wave (5) with a Double Zigzag ending at ₹31. Its further advancement looks like a bullish move following the classic rules, assuming that we are in sub wave (2) correction, and on completion of that, wave (3) will open up.
We are in wave 3], will have a huge gain in long term view.
Short term: abc correction ₹ 55.00
On completion of the correction, next Resistance will be ₹120
and in long term, targets will meet a ₹296 ₹358 & even ₹460 Fibonacci projection levels.
stop loss on completion wave (2) can be end at 64 or 55.
The 2008 top ₹268 concluded a primary wave 1] with an extension in its inter mediate wave (5), made a drastic fall , correcting the entire wave (5) with a Double Zigzag ending at ₹31. Its further advancement looks like a bullish move following the classic rules, assuming that we are in sub wave (2) correction, and on completion of that, wave (3) will open up.
We are in wave 3], will have a huge gain in long term view.
Short term: abc correction ₹ 55.00
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.