The correction is not yet over in Finance companies
Chola Fin CMP 1422
Elliott- this is the typical sharp fall that I spoke about in my previous post. This is only the first leg of the fall. The B is a rally ..here it has gone to 61.8% of the fall and has halted. In my view the C leg can commence from here.
Fib- the correction will come down minimum to 1K zone which is the 50% fib retracement and also trendline support.
I can see correction in most of the Finance companies so beware. I posted Mannapuram, Bajaj Finserv and now chola.
Elliott- this is the typical sharp fall that I spoke about in my previous post. This is only the first leg of the fall. The B is a rally ..here it has gone to 61.8% of the fall and has halted. In my view the C leg can commence from here.
Fib- the correction will come down minimum to 1K zone which is the 50% fib retracement and also trendline support.
I can see correction in most of the Finance companies so beware. I posted Mannapuram, Bajaj Finserv and now chola.
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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.