SMSPharma, now at 186.15, on March-14-2024 :
Per EW, this has retraced till 0.618 at 162.5 twice and rising.
Looks like swing trade happening here, and so buy on dips is adviced
Buy few, Buy until 162.5, 152.8, 143.2
Uptrend confirmation comes after 194 and
Target prices thereafter --> 212.85, 224.75, 234.5, 244
Expected gains from current price --> 31
Sl below 135 is okay
Buy on Dips would be good in this.
Per EW, this has retraced till 0.618 at 162.5 twice and rising.
Looks like swing trade happening here, and so buy on dips is adviced
Buy few, Buy until 162.5, 152.8, 143.2
Uptrend confirmation comes after 194 and
Target prices thereafter --> 212.85, 224.75, 234.5, 244
Expected gains from current price --> 31
Sl below 135 is okay
Buy on Dips would be good in this.