Coromandel International - Short Trade on Charts

16 Mar

COROMANDEL Coromandel International Ltd.
Elliot wave reading (Monthly) suggests that that the Wave-3 is completed at Higher High 1971.60; now corrective wave-4 should take over the various projecting end point corrective wave-4 are suggested below.
A short trade opportunity is seen on chart

• Entry at: 1701 (on closing basis)
• Stop- Loss: 1850
• Target-1: 1490
• Target-2: 1380
• Extended Traget-3: 1150

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