VSK_1008

VSK_1008

We are currently in long term wave 2 in UPL. Wave 2 seems to be making a C failure flat. We are in the last leg of the correction post which we might see wave 3 starting in UPL Wave three will be at least 1.618 times of wave 1 which gives a rough price target of around 1400 odd levels. One can look to add this in their portfolio. Can enter once 2-4 trendline...

VSK_1008 Updated 

Nifty looks bearish for short term. Current upside side is a B wave in formation and we will again move down in form of Wave C Target on the downside- 20800/20500 B might get over by 20700/20800

VSK_1008

Investment stock- Can be 3X returns After approx 8-9 years of consolidation we are finally making higher highs. RSI>60 Price above gann 8/1 levels. Price very near to breakout Buy on dips with Stop loss @ 245 for a target of 500-700-900 levels Only for Educational purposes. Please trade at your own risk or after consulting a financial advisor.

VSK_1008 Updated 

Wipro forming a diametric patter. Currently it has completed wave d and now we are in wave e of diametric pattern. Generally in a diametric pattern Wave e = Wave c in terms of time and price. Wave e= Wave c comes @ 550-555 levels 261.8% retracement level = 550-555 level. So, Target = 550-555 Stop loss- Wave d low- 445-446.

VSK_1008

We are in the 5th wave of the move which started on on 1st Nov 2023. As per Elliot wave we will get a correction after the 5 waves are over. Expected reversal zone- 22,200 to 22,400. This is a short term view. I expect this view to play out by 20th of this month. We can expect a correction to start after that. I will share the medium term view in the coming...