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Trade Setup: NSE MEDICO & AWHCL

Free nse medico chart cals
free awhcl chart calls
Figure 1. AWHCL – Wave Projection

NSE AWHCL – Elliott Wave Projection

NSE AWHCL has constructed a w-x-y formation for more than 73 weeks. The price has declined by 53%. Recent price action has broken out the 200 EMA, with a daily ADX of 30, indicating buyer control for now.

If price sustains above 555, traders can long for the following targets: 634 – 728 – 850+. Free subscribers can take the previous day’s low as an invalidation level.

We will update further information for premium members soon.

Free nse medico chart cals
Figure 2. NSE MEDICO Weekly Wave Projection

NSE MEDICO is Preparing for a Skyrocket

NSE MEDICO fell for a long time, then made a strong bottom near 36, and is now trying to turn bullish. The stock is trading above the 20-week EMA, which is a positive sign. Medico Remedies has completed a W-X-Y correction, and the price is now in the early stage of a new bullish trend after the Y-wave bottom.

The crucial resistance for the price is 57. If price breaks above 57, traders can long for the following targets: 62 – 71 – 80+. Free subscribers can take the previous week’s low as an invalidation level.

Premium subscribers will receive trade setups with entry, exit, and invalidation notifications on our mobile application.

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Mr.Guru(s) is a team of stock market certified technical and research analysts with over 20 years of experience. They are regular guests on popular online channels and contribute articles to several financial publications. Their insights and advice are respected by investors worldwide. With their collective knowledge and expertise, they have a proven track record of successfully predicting market movements and identifying profitable opportunities.

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3 Comments

  1. Hello,
    My name is Suhash and I am saw your analysis and honestly saying such a great work, your last analysis given me a 36000 profit. :)

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