this stock is doing nothing for a longtime. has completed complete Elliot cycle on daily chart I am buying this stock in sip mode for 4 to 8 months time period the only condition this trade has is it should not go below 2500 levels otherwise all wave patterns will fail and we will analyze it again. targets i will update as it forms over time but still 2900 and above targets in 4 to 8 months is what I am expecting.
Trade active:
2500 stoploss
Comment:
the last c wave is not confirmed yet I am opening this trade in anticipation and continuation from previous waves also
Trade active:
adding more
Trade active:
no problem
Trade active:
however it is not looking good it can fall much further the wave c has extended the support levels here are as follow = 1st support 2481 and last zone is 2378 it can fall below 2378 also but has good value investing levels from now till 2378 and below is much better so i am holding and adding my position here
Trade active:
booked profits and kept very little quantity sold 90% holdings
Trade closed: target reached:
booked profits thats the power of analysing fundamentally just the compare with tvs motors u will know where to invest