ilmscore | Prediction Details
"in an uptrend super uptrend I've never tracked this stock bigger print his is 2007. this is 2007. well this is an example of a rounding bottom okay today I mentioned rounding bottom I'll just good you give but the target has been achieved already let me tell you what is the rounding bottom formation pattern 2008 the high was at 257 and then it went down and down and down and down for so it's a long time from 2007 this has been taken out in 2022. 2022 you can see her first time it has been taken out direct next month 38 percent rounding bottom minimum Target minimum Target is this and if it's a strong rounding bottom it does happen that it can also go up to x 3X also is what we have seen in the Past Times rounding bottom One X target has been met if it goes 2x based on the rounding bottom formation it will be around 723 if it goes 3x see this is a very strong round rounding bottom formation pot pattern 3x it could go around these levels 950 ISS level uh again please please please I always say don't don't invest only based on technicals do your fundamental analysis and then take your own decision right"
By CA Rachana Phadke Ranade | July 6, 2023 | Pending
From video
Nifty to pause? | CA Rachana Ranade 00:52:57 - 00:54:28
Interpreted Prediction
Elecon Engineering exhibits a strong rounding bottom pattern. The 1x target of the pattern has been achieved. Potential 2x target is 723 and a 3x target could reach 950. Fundamental analysis is crucial before investing.

Prediction Details

Ticker
ELECON

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