While every other guy looks at JIO,this tower calls for a buy. How ?
My explanations below:
Technical parameters:
MACD ; likely wave 1 of wave 5 on the anvil, rising histogram below zero.
RSI: Above 50 and upward reversal seen.
STOCH: Long 25,short 34 calling it a BUY.
Buy CMP - 384 and on dips
FIB congruence seen at 540
0.382 completed at 282.
All points to a possible wave 5 target of 540.
I will exit early at 533.
39% upside seen.Looks a good buy.
My explanations below:
Technical parameters:
MACD ; likely wave 1 of wave 5 on the anvil, rising histogram below zero.
RSI: Above 50 and upward reversal seen.
STOCH: Long 25,short 34 calling it a BUY.
Buy CMP - 384 and on dips
FIB congruence seen at 540
0.382 completed at 282.
All points to a possible wave 5 target of 540.
I will exit early at 533.
39% upside seen.Looks a good buy.
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