AWL trade ideas
The pullback in Adani Wilmar Ltd may be short lived.The pullback in Adani Wilmar Ltd may be short lived.
Adani Wilmar Ltd looks in final stages of correction.
Yesterday move was 3rd of C wave and today's move is 4th of C wave.
The current upside may be up to 559-60.
We can go long in AWL near 485 with minimum of Risk.
Wait and watch...! 485-486.
Regards
ADANI WILMAR, GOOD SUPPORT.the stock has given about 175% approx returns in just 7 months.
it could be possible that, it could hold onto this support, and then start moving, but now its good time to buy. stock has been in a good rally, and i dont see, it will go down, and nullify the rally. i dont see further fall in the stock, and going more lower to its supports.
the stock is just holding onto its support line, and may go up in some time.
TARGET: 875(27%APPROX)
STOCK WILL BE REACHING ITS ALL TIME HIGH.
Adani WilmarAdani Wilmar wave analysis:
Adani wilmar is doing well in terms of waves.
So far we have done wave 1, wave 2 also looks completed.
Now we are in a non-convincing up move but it looks like adani wilmar is making space for upward move.
Investor can invest on advice of their financial advisor.
This chart is not a trading/investing advice.
Please ask your experts for any such activity.
Every level which has its importance is depicted on the chart, you may ask for any doubt thereon.
Thank you
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