The next multi-bagger is in place now. Devyani International has touched an all-time high today by completing its 1 complete cycle of impulse and correction move. Wave 1 (5 impulsive moves) and Wave 2 (3 corrective moves – ABC) have been completed with Wave 2 retraced 61.8% of Wave 1. By giving a breakout of the last high it has confirmed its 3rd wave journey of the bigger cycle. You can look to buy in dips with a Target of Rs 800. The chart has been attached for your reference.
I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.