WENDT (INDIA) is showing strong momentum as per daily chart. Daily RSI is above 70 and ADX is around 45, that means the trend is very strong.

On 125 mins time frame the counter is showing a clear Elliott Wave pattern which is labelled as follow.

It seems we have a Triangle Pattern in Wave 4 and the counter may go for 5th Wave. The retracement in Wave 4 is shallow that means confined between 0.236-0.382 level which increases the odds of Wave 5 being materialized. (See below Chart)

So if the pattern works out we may see 6800-7000 levels as Wave 5 TGTs.

Invalidation level for the pattern is 6000. Even though the pattern looks very strong the concern is that the counter is very illiquid.