The stock has completed an impulse pattern (5 waves). It's now entering it's correction phase. If the low of 1011 is not breached the stock will enter the next impulse wave. For now it's better to wait and watch!!
Apollo Hospital seems to be forming zig zag correction and entering wave C. The minimum target it at 61.8% and ideal at 100%.
Aurobindo Pharma seems to be in leg C of ABC correction. Minimum target to the downside is of 61.8% (1014). SL is above 1152
The last leg of correction seems to be over in AU small finance bank. From here on a good rally could follow. Will keep you guys posted as the wave progresses
After completing zig-zag correction, BAJAJHLDNG seems to resuming it's up move. The SL would be a close below 7739. I'll update you guys on where to book the profit. For a more conservative entry, wait for a close above previous day's high
Bajaj Finserv seems to be in leg C of the flat correction. Although, the minimum destination of 61.8% have been completed, the down move is likely to continue It is suggested to avoid taking any longs in this stock. I'll update you guys once I see signs of the correction ending
LTIM seems to have completed zig zag ABC correction with A=C. Now an up move could start from here with minimum destination of 61.8% Buy the stock on pullbacks
The stock seems to have entered the final wave 5 after completing wave 4. Buy on pullbacks and look for standard candlestick patterns for confirmation to have a better risk to reward ratio. Note: The SL & tgt are mentioned on the chart itself