Hope you all benefited from Sunpharma.
Now the next setup is in Kopran Ltd. Price has moved really well from Rs 44 to Rs 100 levels Impulse wave 1. Nice correction has come in wave 2 and price retested the 61.8 fib retracement at Rs 60. There is a Double Bottom Confirmation too. Price has completed 2nd correction wave and entered impulse wave 3.
Here imp to see is Price is moving in 5:5:5:5:5 ratio.
Chart is attached below for your reference !
Trade Setup is Buy above 72 for Target 100-115 SL 55
Learning Here – Elliot Wave Analysis
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