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StageInvesting +Elliot Waves

StageInvesting:

Time Technoplast
CMP 137
Looks good.

Should go much higher in next 2- 3 years- off course with ups/downs.

Next major resistance should come near 220 -the high made in2017 -the yellow line and upper end of the rising channel .

Once that hurdle gets crossed – then next leg of journey will start.
Weekly Chart

52 week highs and all time highs strategy Technical Practitioners Corner

TimeTechno
CMP 136
From EW prespective !
It seems that we are in larger wave 3 and with in that we’re in III.
Now we’re near to completion of minor wave i and a slight correction is happening in wave ii , also we’re near upper line of the recent rising channel .
Once correction is done then we should go beyond the levels shown at III=I.
Overall 3=1 is near the old resistance level at 220.
[TIMETECHNO_2023-08-11_08-59-34]

Had given an update on this one 10 days back on the other thread…just adding here.

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