Long
AMARAJABAT looking bullish with 100% upside potential
AMARAJABAT has done a 50% correction from March'20 lows and now showing good momentum with volume and HH/HL in daily chart. Taking recent correction as some degree of wave 2, wave 3 could go upto 1338 (where 3=1) or better case scenario 1754 (where wave 3 = 161.8% extension of wave 1).
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True Wave Scanner - scanner.elliottwavestrading.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.