HINDALCO: Forming Wolfe Wave

2021년 11월 10일

In the process of Wolfe Wave formation. 450-440 is a very good accumulation zone. The reason is the 100 DMA , which has acted as a very strong support earlier and the Fibonacci retracement (Gann Level & Golden ratio level). Wait for it to respect the pattern and confirm a reversal.
Then the targets will be update in update idea section.

CHART & ANALYSIS - ADARSH DEY