METROPOLIS ; cmp : 1585.8
A classic elliot wave pattern has been formed and correction completed.
Now giving reversal signal from good support zone.
Closed above previous high.
RSI & MFI showing divergence.
So downside very limited. upside open.
Accumulation Zone :1500-1600
Profit booking zone ; 1930 - 2065
SL According to ur risk apetite.
Positionally can move upto 3200+. Time horizon ; 9-12 months.
June future also can be look after for 1680+
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
If you find this helpful and want more trading/Investment Ideas.
Please show your support back,
LIKE & COMMENT
❤️ Your Support is very much appreciated ❤️
A classic elliot wave pattern has been formed and correction completed.
Now giving reversal signal from good support zone.
Closed above previous high.
RSI & MFI showing divergence.
So downside very limited. upside open.
Accumulation Zone :1500-1600
Profit booking zone ; 1930 - 2065
SL According to ur risk apetite.
Positionally can move upto 3200+. Time horizon ; 9-12 months.
June future also can be look after for 1680+
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
If you find this helpful and want more trading/Investment Ideas.
Please show your support back,
LIKE & COMMENT
❤️ Your Support is very much appreciated ❤️
