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Manappuramlong

MANAPPURAM levels, and waves!!"when a stock falls in such a fast movement, it rises based on supporting its fall". the stock is in the range of 0.618 of FIBONNACI good time to enter to take the advantage of 3rd wave. stock will rise from Monday onwards. targets are mentioned. purple line shows the actual value the stock should be trading at. so the stock is available at a lot discount. one can go on putting more money on every time, when it falls during its rising.
NSE:MANAPPURAMLong
by raghavchoudhary2016
MANAPPURAM at a discount!!!this waves are drawn based on the stock which is at major discount and with a good fundamentals, so the waves will follow there impulsive moves based on its targets reached previously. wave 1- a impulsve move to correct itself to reach the first level of its target wave 3 - to reach the second target wave 5- to reach the major trend line, to make the stock exactly priced. wave 2&4 are the corrective waves, which makes the stock to rest running a long journey. NOTE- wave 3 should not be shortest waves among(1,3&5)- Princles of Wave Theory
NSE:MANAPPURAMLong
by raghavchoudhary2016