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Buy!

Shalby NSEDate: 7th May 2024 Time: 3:30 PM Shalby was on my watch from past week, and I was waiting for entry level for good price to buy. First of all, there is a W pattern which formed in Sept 2023 but again came down, so I was waiting for entry after Retest in Shalby. I have done wave counts on Shalby from beginning and find that, Correction 5 Wave Structure has done and after that it is showing Bullish Momentum. Currently we are in probably Vth leg of 3rd large Wave + It Retest too while completing IVth Wave as we can see in Chart clearly. Shalby Already entered in Buy Zone of 262 to 250 Rs . So, we can Expected Further Bullish Momentum and Approx Target is 400 Rs with SL 227 Rs.
NSE:SHALBYLong
by KRSCharts
INOXGREEN Analysis Buy mode ON Incorporated in 2012, Inox Green Energy Services Limited is one of the major wind power operation and maintenance ("O&M") service providers within India. The company is a subsidiary of Inox Wind Limited ("IWL") and part of the Inox GFL group of companies. INOXGREEN has broken out to the upside. I am expecting it to go higher. All important levels are marked on the chart. Reasons: RSI > 60, crossing 60 to the upside, entering the bullish zone. (Bullish) Price > EMAs show the market has good bullish strength. (Bullish) VWAP ~ Price shows good volume balanced price, ready to move to the upside. (Bullish) Stock has a broken symmetrical triangle to the upside, which is a neutral pattern. Now, as it has broken to the upside, there is a high probability of moving it to the upside. Verdict : Bullish Plan of action : Buy: 146.50 Stoploss: 134 Target: 187.50
NSE:INOXGREENLong
by finnova_
2
NIFTY MARCH MONTH EXPIRY ANALYSISThe market (NIFTY50) is Trading at 22150. Do not blindly go with the buy or call side. First Market will re-test with the S4 area (21950) and then it will move towards our Target which is 22300. It's a clear Reverse Head and Shoulder Pattern but don't go blindly in any direction. Let's wait for a retest and then enter the rally. Another 2 Conditions: 1. If it breaks 22215 then 22300 will be scalping in Intraday. 2. If 21800 Break then more selling expected
NSE:NIFTY
by NaveenTTR
1
DATAPATTNS - 5 months consolidation / Downtrend Breakout Data Patterns (India) Ltd 1) Time Frame - Daily. 2) The Stock has been in a downtrend / consolidation since (September, 2023). Now It has given a breakout & Closed at it's 5 months High with good bullish momentum in Daily Time Frame. 3) Option 1 - With the strong 5 months consolidation breakout in Daily, Buy at this current level. Option 2 - Wait for the strong weekly candle's close above the price 2175.40. 4) Next target will be it's All Time High (2485). 5) Recommendation - Strong Buy
NSE:DATAPATTNSLong
by SHRIHARII