Strike Analytics

Patel Ingegrated Logistics

27 Nov 201904:22 AM

Value Wave Investment - 

The stock has gyrated from the top end of the range near 130-150 to the lower end at 7-15. Thus it has two impulse waves and higher tops and bottoms. But we have not broke out of this range. We are now closer to the lower end of the range again. Can we go back to the top end, meaning the trendline of the last two highs near 180 again. Bigger question is will we finally breakout of this range above 180 toward the parallel channel at 712. The book value shown on MoneyControl is at 77.45 today. That is the value part. The waves below are relevant as long as we make higher tops and bottoms and the recent bottom was at 15.95

patel integrated

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