Hello and welcome to this analysis
In the monthly time frame we can see two parallel channels running the path. The first one is a wider rising channel which has now come down to its lower end of the channel after completing a 1.6x fibonacci target. The second one is the narrower falling channel from its peak.
The decline appears to have come to a halt at the confluence of both the channels and after a brief period of consolidation its showing signs of resumption of uptrend.
SIP / accumulation between 2350-2700 with 2200 as failure of structure (channel will break below) for upside possibilities of 3500 and ATH appear a possibility.
A decent risk reward ratio for medium to long term investing.
In the monthly time frame we can see two parallel channels running the path. The first one is a wider rising channel which has now come down to its lower end of the channel after completing a 1.6x fibonacci target. The second one is the narrower falling channel from its peak.
The decline appears to have come to a halt at the confluence of both the channels and after a brief period of consolidation its showing signs of resumption of uptrend.
SIP / accumulation between 2350-2700 with 2200 as failure of structure (channel will break below) for upside possibilities of 3500 and ATH appear a possibility.
A decent risk reward ratio for medium to long term investing.
노트
ERRATA ... Team Lease Services not Finance as mentioned earlier
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.