Zeel is giving a Buying Opportunity above 445 when it breaks the down trendline completing the current leg of correction. I would trade it long with a stoploss around 424 and Targets around 500/510 levels. This could be a corrective price action or a new impulsive wave.. Evidence will be seen as to which form of wave is forming based on the price action and how...
Infratel is giving is buy setup of 15 min chart.. On a daily time frame the stock has completed it 5 way down move and could go up from here.. One can buy at current levels with stop loss around 280 and Targets at 330 / 350 levels.. Happy Trading!!
Bullish Wolfe Wave, Positive Divergence of RSI and Price equality in 4-5 move.
* Bullish Harmonic * Overbought RSI * Overbought Stochastic
HeroMotoCorp is in last leg of bearish bat formation. Might hit 3323 and 3409. Go long above 3255.
IDEA has been correcting since a long time and looks like the correction is Potentially Over.. I am taking an Early Action on it with a small stoploss around 63 levels and Targets around 120. There is Bullish MACD Divergence on the chart and the last candle is bullish one to give some support for the prediction. Happy Trading!!
BankNifty is reversing after giving an ABC correction... It could very well turn out to be a Wave W of larger correction but for now BankNifty is reversing and is giving a Buy Setup for a Target of around 18750 and 19100 with Stoploss just below the recent low around 17575.
Head and shoulders type pattern on 15 min tata steel chart after nice bull rally buy above - 451.35 stoploss - 443 target - 474+
15 min chart breakout stop-loss - 8370 Target - 8490+
As shown on the weekly chart, RCF is about to complete a 8 year old symmetrical triangle. What makes it special is-- there is a good inverted Head and Shoulder price pattern (S-H-S) in last leg. Breakout is above 54 - 58 zone targeting 130+++
Buying kotak bank because of price is at rsi oversold area on daily chart and strong bullish candlestick marubozu type formation with good volume,weekly chart is also at rsi support zone and target is based on Fibonacci Stoploss - 690 Target 1 - 747.45 Target 2 - 781.31
Nifty 15 minute chart bullish bat pattern stop-loss - 8215 Target - 8306
NIFTY has strong short-term support at 8100 followed by 8020. Looks a good buy set-up at cmp targeting 8235! SL should be maintained below 8100
Rejecting Lower Price Breakout Zone Bullish Pin Bar
Ascending Triangle on Nifty and it will break upside. Its a levels to reach the high target of 8275. NOTE - Short term levels. Level 1 - 8154 Level 2 - 8189 Level 3 - 8213 Level 4 - 8241 Level 5 - 8275 - Happy Trading
ApolloTyre is giving a Buy Setup for Wave C rally towards 210 levels.. Stoploss can be around 179. Should be a nice risk reward trade.
Hathway has broken above the 200 DMA and the bear channel. A flag formation is being formed. The stock looks set for a breakout from the consolidation pattern to higher price levels.
Impulse moves during downtrend completed on daily charts. Now ready for counter-trend corrective move. Target 1: 670 Target 2: 725 Stoploss: 601