IOC CMP 137.42
Elliott- The rally is a zig zag and is over. Since it is corrective we call it X. Now a new set of A, B , C correction will happen from here.
Fibs- the rally cannot go past 50% is weakness.
RSI - the oscillation within the bear zone is telling that the trend is still down.
MA- now trading below the longest MA is negative.
Conclusion - this stock is in my negative list. And now the correction has resumed. First tgt is back to the base at 110.
Elliott- The rally is a zig zag and is over. Since it is corrective we call it X. Now a new set of A, B , C correction will happen from here.
Fibs- the rally cannot go past 50% is weakness.
RSI - the oscillation within the bear zone is telling that the trend is still down.
MA- now trading below the longest MA is negative.
Conclusion - this stock is in my negative list. And now the correction has resumed. First tgt is back to the base at 110.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.