Technoe Electric
CMP 315
Currently near an important resstance zone. Can correct or consoidate a bit after inching little higher.
Once it starts giving closes above the red line, we can see new highs in coming months.It is in buy zone in all time frames – daily/weekly/monthly and that adds to the confidence for medium term.
Unable to mark clear Elliot waves , hence little sceptical too.
Weekly Chart
Disclaimer :This post is just for learning few methods of price-patterns. Views are personal. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
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