Wockhardt CMP 1725
Elliott - the 5th and the last impulse is over and now a three wave correction will start from here. The correction tgts the vicinity of the 4th wave of one lesser degree. The same has been marked with a small box on the right chart. Thats 1100 to 900.
Fibs- The fib ext has confluence at 1500 from where the 4th wave correction started. The 5th wave has halted at the next confluence at 1855.
Conclusion - With the stock at resistance and RSI in the over bought zone and comp below its averages a deep correction is very likely from here.
Elliott - the 5th and the last impulse is over and now a three wave correction will start from here. The correction tgts the vicinity of the 4th wave of one lesser degree. The same has been marked with a small box on the right chart. Thats 1100 to 900.
Fibs- The fib ext has confluence at 1500 from where the 4th wave correction started. The 5th wave has halted at the next confluence at 1855.
Conclusion - With the stock at resistance and RSI in the over bought zone and comp below its averages a deep correction is very likely from here.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.