Shriram Finance
CMP 1307
Whenever it starts 3rd wave ( first ot needs to cross several red-lines )- the target as per current situation is coming someweher between 3500-4000.
But for that 
a) Company has to continue its current performance
b) Finance sector overall should continue its bull-run
c) And no doubt ,it needs to cross the res-lines hurdles.
d) Monthly MACD should turn into buy
And because this is monthly chart, targets would take months/years.
So many slips expeted between the cup & the lips.
Monthly 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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