CARYSIL LTD
Long
Mis à jour

wave III of 3 in CARYSIL...upside potential of 25%

305
Carysil Limited, together with its subsidiaries, manufactures and trades in quartz kitchen and stainless steel kitchen sinks, bath products, tiles, kitchen appliances, and accessories in India.

The stock is seen making impulse waves to the upside since Jan 2023.
It made the first impulse (wave 1) from Jan. - April 2023. Wave 3 seems to have started off in May 2023 and is likely getting extended.
Wave I of 3 was formed between May and July 2023 and then there was a 75% retracement of wave I from July-oct.
Wave III of 3 has now kicked off and volume too is picking up. The projected target for this wave should be the 850-870 zone

SL 650
CMP 696
Target 860
Note
VOL surged today... SL trailed 685
Note
sl trailed to 725
Trade fermée: cible de profit atteinte

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.