Pricol
CMP 195
It seems to be either still in wave 4 (correction) or wave 5 .
It corrected from 220 to 175 recently … difficult to say whther the correction is over.
One can keep a track by following 20 Week EMA – if it does not break the same in coming months, then we may be in wave 5.
Weekly Chart
Disclaimer :This post is just a 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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