Niftydirection

SHREE PUSHKAR CHEMICAL AND FERTILIZER to Extend in Wave V

NSE:SHREEPUSHK   SHREE PUSHKAR CHEM
THIS IS MICRO CAP STOCK don't allocate too much capital based on this analysis

Stock has subdued upward move with increasing volume .
Wave iii was channel bound and moved little more than 1.618 that means wave v will extend
Wave v non extended target is at 0.618 Fibonacci extension 230 and extended target 280.
Stop loss 160 and entry near 190 can be taken

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Technical analysis provided on the chart is solely the personal views of my research.
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Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
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Not recommended to take FnO positions based on this analysis

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