odrej Properties has been bearish from 2021-10-14, As seen from wave structure it looks in primary wave 2] and may have completed its correction near 1133 level. We are assuming ABC of correction has been finalized and it has started an impulsive move towards its all time high. The 1133 will be an invalidation point for this impulsive move. Long can be initiated near 1280-1300 levels or we can hold the instrument for much higher targets. Note it has not reached the desired level of 61.8% retracement.
Please take the advise of your financial advisor for any trade or investment.
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Please take the advise of your financial advisor for any trade or investment.
Regards
Like if you like the analysis.
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Lower Target Almost completed we touch a low of 1286
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Entry in this scrip be made with risk management.
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Pls play this chart