We are making you understand that when is the right time to exit the stock and here we have taken the Neulandlab follow up wave update and thus you need to have Elliot wave analysis gyan.
cmp 7015: seeing the current formation it seems wave -5 of this entire move which started from low of 960 is completed or about to complete soon..
Now 6719 is a key level to watch which is 20 day moving avg if stock wants to do extension then 6719 should hold on closing basis..
The day it gives continues 1 or 2 days close below 6719 we have to assume that 5 waves cycyle is done and now stock is ready for correction for downside minimum 5850/4915 and max 4162/3138 levels those having this stock in hand now stay on your toes and keep close eye on 6719 spot levels on closing basis too exit the trade and look for lower levels to re enter.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
