COROMANDEL Coromandel International Ltd.Elliot wave reading (Monthly) suggests that that the Wave-3 is completed at Higher High 1971.60; now corrective wave-4 should take over the various projecting end point corrective wave-4 are suggested below.
A short trade opportunity is seen on chart
• Entry at: 1701 (on closing basis)
• Stop- Loss: 1850
• Target-1: 1490
• Target-2: 1380
• Extended Traget-3: 1150
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Trade closed: stop reached
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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.