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profitadda
14 mar 2021 13:16

KEI : 1:4 Risk Reward Trade Lång

KEI INDUSTRIESNSE

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Stock Showing Movement in Elliot Wave Pattern.
After one round of Eight Wave cycle started from 211 till 412.
Now Stock seems Making 2nd 8 wave Elliot wave pattern. After Wave-1 [ started at 417.1 to 528.45] stock moving in consolidation and forming 2nd wave with Triangle formation. Once breakout from present consolidation zone above 530.5 we can expect a wave-3 move upto 645.5. if stock take retracement forming wave-4 after this and takes support @ 559 which will be 50% Fibo retracement of current degree wave-3 and then we can expect further move upto 671.

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Stock can give one more entry opportunity now in vicinity of 517-535 to enter

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Capital doubled in Eight Months
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sohamdey76
holding the stock at 519.
profitadda
@sohamdey76, I my view keep holding👍🏾
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