It was March 19th, 2020, and the world appeared to be coming to an end. Governments around the globe were rushing to impose lockdowns to curb the spread of COVID-19. The entire world economy was suddenly stopped in its tracks. Indian stocks suffered their fastest fall into a bear market in history, down over 28% in just a month. Yet, against that backdrop, we thought stocks were starting to look promising. One company we examined earlier was CEAT Ltd
Ceat Ltd Crash Ended at a Fibonacci Support level at 38.2%, based on Elliot wave theory it states that once a correction is over the preceding trend resumes.Ceat seems to have ended the wave (iv) pullback
"Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off." — Carlos Slim Helu
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