- Kajaria Ceramics Ltd , Nearing to demand zone , (for both short term as well as longer time frame trade)
- Price went below 1.618 fib ext. levels, so corrective structure is impulsive wave ( means 1,2,3,4,5 ELLIOTT WAVE Sequence), now 5th wave in progress,
to conform this as 5th wave, one should observe a bullish or positive divergence (which occurs when prices are in a downtrend and making lower lows, but the RSI indicator
is making higher lows.)
Please give likes
- Price went below 1.618 fib ext. levels, so corrective structure is impulsive wave ( means 1,2,3,4,5 ELLIOTT WAVE Sequence), now 5th wave in progress,
to conform this as 5th wave, one should observe a bullish or positive divergence (which occurs when prices are in a downtrend and making lower lows, but the RSI indicator
is making higher lows.)
Please give likes