Sudarsan Chemicals-Hold for Short term Gain(Chart attached)
1.As per the Elliot wave,wave 5 has been started.Enter now at the current level 465
2.Support taken at SMA 50 & 38.2% Fibonacci retracement.
3.Keep SL below wave 4 (i.e. around 445 level)
4.Wave 5 completion might be around 550-560 level.Book profits at these levels.
5.Time horizon-20 days to 1 month.
DISCLAIMER : Invested! & do your own research before buying
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