rent CMP 3205
Elliott- The current rally is the B wave and is not complete. The c of B will end around 3500. a=c which gives a tgt of 3500. The 38.2% fib is at 3520. Hence to me this rally will end around 3500. From there a five wave correction will bring it down to 1530.
Conclusion - If u bought the dip then definitely sell this rally around 3500.
Elliott- The current rally is the B wave and is not complete. The c of B will end around 3500. a=c which gives a tgt of 3500. The 38.2% fib is at 3520. Hence to me this rally will end around 3500. From there a five wave correction will bring it down to 1530.
Conclusion - If u bought the dip then definitely sell this rally around 3500.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.