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After an admissible correction stock started moving upside, if the observed wave wroked well we may see an upside for 1247 with wave 3 and correction will be over . I am bullish on it .
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At this level according to waves it can be preparing for final wave (v) but only if it crosses 24550, till then we should be only observe it as wave 4 correction phase, No short OR EVEN No long in this range ,
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Trendline Breakout and retest Done , we may see more upside journey and good base bottom.
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Having trend line breakout and with this Breakout , with this breakout it may lead to all time high , Pharma industry is all time favourite and ready to move with appropriate correction.
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