HDIL had a strong move past year or so from 23 - 143 which was a 5 - wave advance
From 143 stock has again retraced back towards 54 - 55 odd levels in a zigzag fashion
Is the stock nearing bottom of major Primary degree of probable wave counts ?
Long term stock can test 230 - 250 levels, If counts hold true ....
But, the counter being high beta objectivity and right entry point is important to manage risk ...
To Know more about Elliot Wave Counts and where probably markets
are heading towards long, intermediate and short term levels, educate yourself with us from simple to advanced concepts contact us.
From 143 stock has again retraced back towards 54 - 55 odd levels in a zigzag fashion
Daily Chart
Can the stock start it multi fold bull run from current levels ?Is the stock nearing bottom of major Primary degree of probable wave counts ?
Long term stock can test 230 - 250 levels, If counts hold true ....
But, the counter being high beta objectivity and right entry point is important to manage risk ...
To Know more about Elliot Wave Counts and where probably markets
are heading towards long, intermediate and short term levels, educate yourself with us from simple to advanced concepts contact us.
Raju V Angadi Vishwanath, B.E., MS, CMT
Equity Technical Analyst
"If you are not willing to learn,
No one can help you,
If you are determined to learn,
No one can stop you"
To Learn simplified objective approach applying Advanced concepts of Objective Elliot Wave Theory in conjunction with Advanced Dow Theory
& Psychological traits to trade with some common sense & optimize
your investment / trading decisions contact on:
/ For Workshops on Technical Analysis & Financial Markets Contact on:
rvangadi@googlemail.com
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