NSE:CAMS After IPO stock went up sharply with clear and clean ( I think so ) formation of Impulsive Wave. After Impulsive wave stock corrected sharply gone below 61.8% of impulse wave with formation of Triple Three Complex Correction which is completed again I think so. So, there are 2 Possibilities in this stock. 1) Stock is corrected completely and now is in bull trend. OR 2) Stock is in large degree WXY wave (Next large degree of WXYXZ wave which is shown in chart) and wave W is just corrected and Wave XY is yet to unfold. which will take multiyear of consolidation correction.
Target: - 1) If the correction is completed with wave WXYXZ then target will be 5802/-