DHP INDIA Monthly Positional VIew @ 16-08-2024DHP INDIA Monthly Analysis
1st Entry Opportunity - 437-511
2nd Opportunity - 172-235
Targets :- 1096,1703,2388,2830+
"Be Fearful when others are Greedy and Greedy only when others are Fearful " - Warren Buffett
I Considered this is the Best Opportunity for DHP INDIA
Always Trade What You See not What You Feel........
John Maynard Keynes said, โthe markets can remain irrational longer than you can remain solvent.โ So be cautious and flexible as market conditions evolve.
Than You Universe ๐๐๐๐ Thanks to all my Teachers ....๐๐๐๐
DHPIND trade ideas
Bullish on DHP India (short term and long term)DHP India just seems to be starting a major uptrend. It's possible we're at the wave 2 low and hence a great opportunity to go long. RSI has also taken support at the 40 level. (Confirmation of wave 2 low would be after a close above the UTL.)
Ideally, wave 2 shouldn't be broken. A move and close inside the 0-B trendline could be a big spoiler for this count. However, a reversal right from the 0-B trendline would be further bullish.