PGEL is testing an important resistance zone after a strong bounce from the recent lows.
The advance can be viewed as a corrective Elliott Wave structure within the broader decline, with price now reaching a key decision area.
Volume expanded significantly on the latest move, but the real test is whether buyers can sustain above the highlighted resistance zone.
A rejection here would keep the corrective interpretation intact, while acceptance above the zone would force a reassessment of the structure.
Disclaimer: Educational analysis only. Not a buy/sell recommendation.
#ElliottWave #PriceAction #TechnicalAnalysis #TradingView #NSE #StocksToWatch
The advance can be viewed as a corrective Elliott Wave structure within the broader decline, with price now reaching a key decision area.
Volume expanded significantly on the latest move, but the real test is whether buyers can sustain above the highlighted resistance zone.
A rejection here would keep the corrective interpretation intact, while acceptance above the zone would force a reassessment of the structure.
Disclaimer: Educational analysis only. Not a buy/sell recommendation.
#ElliottWave #PriceAction #TechnicalAnalysis #TradingView #NSE #StocksToWatch
交易進行
Wave 4 extended for 4 more days. However, it reversed from the targeted zone.註釋
exited manually on 10th June手動結束交易
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。