After taking the support near 74 levels stock has bounced and trading near 94 levels. We can assume the stock has completed its 4th wave correction and is continuing in the impulse wave 5. One should invest in the stock keeping the stop loss of 79 and look for the target of 120-125 zone.
Weekly MACD
Disclaimer I am not sebi registered analyst My studies are Educational purpose only Consult with your Financial advisor before trading or investing
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