Sona BLW Precisions (SonaComstar) NSE:SONACOMS
A great proxy player to Automobile Industry with great fundamentals and it was backed by one of the biggest fund house in the world Blackstone.
Stock was in sharp impulse wave which is wave 1. After impulse stock was in running triple three correction which is wave 2. Running triple three correction can be difficult to identify but give very good opportunity to hop into main trend which is in this case is bullish trend.
Basic rule is wave 3 is most of the time is extended one. So, After Running triple three correction I think stock is in extended wave 3. My target for wave 3 is 995.
BSE
IRFC stock first profit target at 78.0 and a second target 81.90In my analysis(for 1 week), I've identified a potential trade idea for the IRFC stock. Based on my evaluation, I see two profit targets. The first target is set at 78.0, while the second target is at 81.90 . To manage risk, it's important to establish a clear stop-loss level.
**Trade Idea:** Consider a long position(1 week) on IRFC stock with a first profit target at 78.0 and a second target at 81.90 . Implement a well-defined stop-loss strategy to manage risk effectively.
1st Target--> 78.0
2nd Target --> 81.90
Thanks
Kambi
Sensex analysis for 8th December 2023 for educational purposeSensex analysis for 8th December 2023 for educational purpose
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
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📉 Alert! Bearish Pattern Spotted! 🐻📉 Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Falling Channel
📌 Symbol/Asset: DIXON
🔍 Description: Stock is around the resistance of falling channel. We can see downside hereon.
Good Short Idea.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
SENSEX EXPIRY LEVEL analysis for IST DEC'23 for educational purpSENSEX EXPIRY LEVEL analysis for IST DEC'23 for educational purpose
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
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Jubilant Foodworks In Wave 3 Or Not.?NSE:JUBLFOOD
Jubilant Foodworks I think it's in 3rd sub-division. If the structure is in 3rd sub-division wave, it indicates chart is strong with fundamentals. Now recent correction retraced below 0.618 and recovered above golden ratio with perfect abc correction. Normally target for wave 2 is 50% to 61.8% of wave 1 and it's completed. I think stock will go up near reverse retracement 1.618 of wave 1.
Target: -
1) Target for wave 3 reverse retracement 1.618 of wave 1 = 1350/-
TATA COFFEE : Technical Analysis
TATA COFFEE 2023
Simply pointing some point to study the TATA COFFEE chart.
1. Simply in a uptrend zone.
2. Forming rectangle
3. Above 50 EMA.
4. Q2 result is good
5. bullish for long.
6. Risks & Rewards (2:1)
Conclusion:
My analysis shows potential strong bullish run.
I am not a sebi registered analyst. My studies are for education purposes only.
HAL is Bullish 🐂HAL ( Hindustan Aeronautics Limited ) is Bullish as today it seems a high volume in buying side. It already broke its major resistance also.
The target price should be 2393.
Note : This is not any tip or recommendation it is just for learning purpose only. So be careful while investing.
Sensex analysis for 17th November 2023 for educational purposeSensex analysis for 17th November 2023 for educational purpose
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
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GMM PFAUDLERBuy - 1470
Target - 1660 (+ 14.50%)
Sl - 1340( -9%)
Risk reward 1:5 around.
This trade based on technical, Elliott wave, and harmonic combination.
Win probability 60/70%
Sensex analysis for 10th November 2023 for educational purposeSensex analysis for 10th November 2023 for educational purpose
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
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CAMS - WXYXZ Completed OR Next large degree incomplete WXY.NSE:CAMS
After IPO stock went up sharply with clear and clean ( I think so ) formation of Impulsive Wave. After Impulsive wave stock corrected sharply gone below 61.8% of impulse wave with formation of Triple Three Complex Correction which is completed again I think so .
So, there are 2 Possibilities in this stock.
1) Stock is corrected completely and now is in bull trend.
OR
2) Stock is in large degree WXY wave (Next large degree of WXYXZ wave which is shown in chart) and wave W is just corrected and Wave XY is yet to unfold. which will take multiyear of consolidation correction.
Target: -
1) If the correction is completed with wave WXYXZ then target will be 5802/-
Zomato's Growth Odyssey: Breaking Boundaries from 115 to 135 RsTrade Idea: With the current price at 116.50 Rs, if the Zomato stock manages to breach the immediate resistance levels(115 Rs), the next target is set at 125 Rs. This milestone could potentially be achieved within a span of 8-10 days. Following this accomplishment, the price might briefly touch around 135 Rs in approximately 2-3 week.
Note: Implement a well-defined stop-loss strategy to manage risk effectively.
1st Target --> 125 Rs
2nd Target --> 135 Rs
3rd Target --> in next post
Thanks,
Kambi
Asianpaint Correction StructureAsian Paint either in abcde or abc correction.
Right now, price is sustaining above support range. If sustains and move Higher High, then MAYBE it will go near 3230.
If the price, go south and inside the range zone then it should have to retest the resistance of range zone and then Lower Low. Target will be near 3080/-
Sensex analysis for 27th October 2023 for educational purpose Sensex analysis for 27th October 2023 for educational purpose only
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
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This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor. We will not be responsible for your profit and loss.
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BPCL Swing TradeNSE:BPCL
Chart and Indicators are showing bullish divergence. Stock is just below 200 EMA on 2,3,4 hours chart. It's better to wait and watch and enter at HH level which is near 357.70/-
Target: -
1)Target is between 366 - 368
Avoid this setup for 15 mins after opening the market to take trade.