The risk reward looks very favorable, Hence posting
this wave count.
Remember the overall market is overbought and hence the stock needs to be constantly monitored for changes in wave pattern.
for now we go with what we see.
Stock likely to consolidate between 682 to 650 for few more days. Any decline closer to 650 should be used to buy.
stop loss should be at 640, Stock has the potential to move past 780
this wave count.
Remember the overall market is overbought and hence the stock needs to be constantly monitored for changes in wave pattern.
for now we go with what we see.
Stock likely to consolidate between 682 to 650 for few more days. Any decline closer to 650 should be used to buy.
stop loss should be at 640, Stock has the potential to move past 780