The stock is on my radar for some time due to its fundamental strength and the sector. It has been in correction for some time due to bad quarterly results.
Wave count indicates that
correction may have got over.
A bullish set up with wave 1 impulse completed.
Now wave 2 correction should take it down.
This correction would offer a good opportunity to enter the stock and on confirmation of the count when the stock trades above 750 level can I consider more aggressive position for medium to long term.
Wave count indicates that
correction may have got over.
A bullish set up with wave 1 impulse completed.
Now wave 2 correction should take it down.
This correction would offer a good opportunity to enter the stock and on confirmation of the count when the stock trades above 750 level can I consider more aggressive position for medium to long term.
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