IDEA CMP 8.75
Elliott- I see 5 waves in the previous rally which is marked wave 1. The correction went down deep but has not broken the start of wave 1 hence the trend is intact.
MA - All the MA's converging is a sign that the stock is about to take direction.
Volume - Look at the volume at the bottom. This is slow accumulation.
Conclusion - if ur holding this counter continue to do so. Fresh buying I will recommend post this rally.
Elliott- I see 5 waves in the previous rally which is marked wave 1. The correction went down deep but has not broken the start of wave 1 hence the trend is intact.
MA - All the MA's converging is a sign that the stock is about to take direction.
Volume - Look at the volume at the bottom. This is slow accumulation.
Conclusion - if ur holding this counter continue to do so. Fresh buying I will recommend post this rally.
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Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.