HINDCOPPER - Observation & Hypothesis Sellers vs Buyers
Everything is explained within the chart.. Self explanatory.. This is just an hypothesis, maybe a crazy idea/view from someone with long bias on this script..
Nevertheless, In my humble opinion, it is definitely not a place to short at this juncture.
On the wave counts, price is at 50% retracement level, ideal for the 4th wave termination.. as long as 196 is protected, we are in for a ATH to complete the 5th
Wave counts of different timeframes can be located here
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
Nevertheless, In my humble opinion, it is definitely not a place to short at this juncture.
On the wave counts, price is at 50% retracement level, ideal for the 4th wave termination.. as long as 196 is protected, we are in for a ATH to complete the 5th
Wave counts of different timeframes can be located here
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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