Stock is at the pitchfork median.......has been taking support at the median for the last few sessions indicating strong support....one can go long at cmp with a stop i ATR below the swing low and take profit at 61.8% pitchfork median.......entry, stop and take profit levels indicated in the chart
rationale for buy call is.....confluence of 1. 50% retracement, 2 161.8% fib.extension.3.channel median and 4. 200 dma
Stock completed the 4th corrective and started the 5th impulse......go long...
Stock completed the 4th corrective and about to begin the 5th impulse.......go long and mint money....5th wave likely to end at 515...
stock is trading below the neckline of H&S pattern.....i see 2080 level soon..