ShareIndia Securities Reversal

2 apr

ShareIndia 61.8% fib level of wave 2 to 3 held as support. Looks like wave 3 to 4 is over. Still don't see positive divergence in weekly chart. Can expect final wave to rise and reach above target levels as per chart.

10 mag

Nota

Shareindia Promoter Pledges fell 9.64% QoQ taking the total promoter holding pledge % to 37.72%.
Price to Earning Ratio is 15.55, lower than its sector PE ratio of 20.75.
Promoter Share Holding increased by 3.29% in the most recent quarter to 53.18%.
Stock split announced
Technicals getting weak.