WAVES Short-Term Analysis 17 Nov. 2023

Seize the Wave! Invest confidently in Waves as long as it rides above the 7.60 Rs mark, safeguarded by a disciplined stop loss set at 6.80 Rs. Unleash the potential for gains with profit targets strategically set at 10 Rs, 11 Rs, and an exciting 12.50 Rs, with the possibility of an extended surge to 13.40 Rs.

Technical Insight: Waves is on an upward trajectory, propelled by a double bottom formation on the daily chart. It has now notched a bullish breakout, conquering its initial resistant trend line. Momentum indicators are unequivocally bullish, paving the way for fresh opportunities in the days ahead. Embrace the surge, ride the momentum, and ride the Waves to success!