Trader|Techie|Traveler|Foodie|Human| Belongs to the Tamizhan Stock | EAT SLEEP TRADE REPEAT | Not a SEBI Registered Analyst,Views only for educational purpose.
#Wonderla is still in a downtrend and at a crucial point where it could either validate or invalidate the current pattern. 📉⚠️ It needs to hold the red line.
@FuriousObserver Yes, set 181 as the stop-loss.
Note: My previous chart’s stop-loss was hit due to a pattern change, but for this chart, this view remains valid.
Today, #Nifty formed a long-legged doji pattern, indicating indecision among investors/traders about the future direction. I view this as the start of a consolidation phase and believe we are nearing the end of the correction. Nifty is unlikely to drop below 23,900.
#IEX#Exclusive#GoodRiskReward
Good zone for buying
CMP:196
Target: 240
SL:190 closing basis
Disc:Not a recommendation, I am not sebi registered Analyst.
#Longterm