Indian hotels wave structure suggesting that wave (2) of wave 3 has been completed with healthy retracement levels, and now Wave (3) of wave 3 has been started, along with trendline breakout with good intensity of volumes too, with macd positive crossover and also uptick above zero line, one can go long at current levels or in dips (if any) with stop loss of 132, targets can be 180 plus.
Wave Structure could be like this
Key levels are mentioned on chart
Breakout with good intensity of volume
Price at upper band
Very healthy retracement level
Macd in daily positive crossover and Uptick and also above zero line
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Wave Structure could be like this
Key levels are mentioned on chart
Breakout with good intensity of volume
Price at upper band
Very healthy retracement level
Macd in daily positive crossover and Uptick and also above zero line
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
YouTube: youtube.com/@rk_charts
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Related publications
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.
YouTube: youtube.com/@rk_charts
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Related publications
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.