Tuesday, March 31, 2015

Elliot Wave Count On Mandhana Ind.

Shown above is the daily chart of Mandhana ind. As we can see the stock has completed a typical A-B-C correction on the downside and has found a support from a triple bottom. Therefore, i am expecting the stock to gear for higher levels. With a short term perspective the stock can hit levels of 290. If it is able to hold the level of 290 it can extend its gains till 325. Visit www.nseequityguide.blogspot.com for more calls.

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