It’s my analysis it could be wrong and please invest with your own understanding.
It’s just my personal opinion and not an advice. As it’s looks like a flag pattern in weekly chart it may reach fib levels of 1.6/2.4 . It has to defend the 52 weeks low only then.
It’s not an investment suggestion, sharing just for knowledge sharing purposes. If it breaks this particular resistance level than it should rally up to the next resistance level.
It’s not a suggestion but my personal viewpoint, I can be wrong. Knowledge Sharing only.
Analysis is based on breakout of the box, if it fails then the view changes completely.
Possibly nifty metal index is following this trend and next levels are way higher in near future. It’s just an analysis and can be not perfect or correct so please take it just as a possibility.
its my own idea. i may be wrong but thats what elliot wave says.
this is purely for tutorial and my view as per elliot wave theory i could be wrong.
this is absolutely my analysis and its not a suggestion. its for tutorial.
This is my personal viewpoint and I can be wrong but still I thought about sharing my view publicly. I won’t be responsible for any investment decisions.
It’s my personal analysis, I could be wrong. Kindly don’t take it as advice. It’s purely done for knowledge sharing purpose and nothing else.
It’s my own perception and I can be wrong. So kindly consider this as knowledge sharing.
I hope it has given a break out of the box and also a cup and handle pattern so target 1is 232 @and target 2is 255 in next 6month. It is my personal viewpoint and is not an advice or investment tip.
It’s my personal viewpoint, I could be wrong. So please do your own analysis before making any decisions.