Persistent CMP 6347
Elliott- this is again the C wave of correction that should happen from here. They are always very sharp and deep.
Detrend - is showing a -ve divergence. And is also at the same amplitude as the start of the correction.
Composite- Again is at the same amplitude as the one made at the highs. This is confirming the resistance
RSI - the oscillator below the averages is called failing below the averages.
Conclusion - In my view the stock will correct minimum to 4440 which is a good 30% from CMP. This also means one more leg of correction is due in IT heavy weights like TCS, Infy, Wipro etc
Elliott- this is again the C wave of correction that should happen from here. They are always very sharp and deep.
Detrend - is showing a -ve divergence. And is also at the same amplitude as the start of the correction.
Composite- Again is at the same amplitude as the one made at the highs. This is confirming the resistance
RSI - the oscillator below the averages is called failing below the averages.
Conclusion - In my view the stock will correct minimum to 4440 which is a good 30% from CMP. This also means one more leg of correction is due in IT heavy weights like TCS, Infy, Wipro etc
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.