Nifty has corrected around 50 to 61.8% Fib Levels for previous upmove. Once the Price Breaks out above 8110 Nifty gives a Buying Opportunity for the C wave up move towards 8400. I will be buying Nifty @ breakout above 8110 with stoploss below 7980 for Target of 8370/8400. If the price continues to go lower below 7920 and make new lows then the above analysis would...
ABCD Diamond formation on Sun Pharma and RSI oversold at 1 hr. Trade: Buy above - 635 Target 1 - 643 Target 2 - 650 Stop Loss - 625 Reward Points - 15 Risk Points - 10
Technical Bullish: EMA 5/20 Cross over and EMA 50 lying below the price. Stochatic on bullish upside. MACD bullish crossover and above the '0'. RSI above 50. Trade: (Spot Price) Buy above - 8230 Target 1 - 8245 Target 2 - 8270 (Safe Traders cover 100% & Risk traders cover 75% at this level) Target 3 - 8290 (Risk Traders only)...
Technical Analysis: EMA 5/20 bullish crossover and EMA 50 lying below the price. Stochastic on bullish but lying in overbought level and may take some correction. MACD on bullish and histogram on above the level '0'. RSI above 50. Trade: Buy above - 1042 Target 1 - 1049 Target 2 - 1058 Stop Loss - 1033 Reward Points - 16 Risk Points ...
Technical Analysis: RSI above 50. MACD on bullish crossover and Histogram on above '0' line. Stochastic on bullish but in overbought level, so may be take some time to make correction. Price lying above the EMA 50 and EMA 5/20 bullish crossover. Trade: Buy above - 631 Target 1 - 637 Target 2 - 642 Stop Loss - 625 Reward Points - ...
Gold - XAUUSD is Possibily forming an Ending Diagonal in a Wave c of a-b-c correction which will also potentially complete Wave B or 2 of larger Wave Count completing the correction of over all rally from 1150 to 1375. Gold has corrected in a 3 wave decline and is not around 61.8 fib retracement levels. MACD is giving Divergence on smaller timeframes 240/60 giving...
Symmetric Triangle formation on CEAT and show bullish trend on MACD, STO & RSI. Trade: Buy Above - 1286 Target 1 - 1298 Target 2 - 1311 Stop Loss - 1269 Reward Points - 25 Risk Points - 17
Trade: Buy abv - 822 Target - 835 Stoploss - 815 Reward points - 13 Risk points - 7
Cup formation on Sunpharma at 1hr chart. Trade: Buy above - 677 Target - 685 Stop Loss - 672 Reward Points - 8 Risk Points - 5
Trade: Buy above - 448.50 Target - 453.50 Stop Loss - 445.00 Reward Points - 5 Risk Points - 3.5
Axisbank is forming an Ending Diagonal which is also complete.. I would be buying Axisbank at current levels for Target of 550 and above and stoploss around 420 levels..
Ascending Triangle formation on LICHSGFIN in 15mins chart and showing bullish trend. Trade: Buy above - 567.5 Target - 574 Stop Loss - 564.5 Reward Points - 6.5 Risk Points - 3 "Happy Trading"
Ascending Triangle formation on Yes Bank in hr chart. Trade: Buy above - 1186 Target 1 - 1199 Target 2 - 1209 Stop Loss - 1173 Reward Points - 23 Risk Points - 13 "Happy Trading"
Cup formation on Canara Bank in 1hr chart. Trade: Buy above - 313.00 Target 1 - 315.50 Target 2 - 317.50 Stop Loss - 311.00 Reward Points - 4.50 Risk Points - 2.00 "Happy Trading"
ApolloTyre is giving a Buying Opportunity with a Short Term Target of around 204 levels. One can keep stoploss around 178 levels for the long positions. This move can possibly extend and go higher but I am giving short term targets keeping the current wave setup as a correction. Any inputs are welcome..
Cup and Handle formation on LICHSG in hr chart and shows bullish sign. Trade Buy above = 563 Target 1 = 567 Target 2 = 574 Stoploss = 559 Reward Points = 11 Risk Points = 4
Morning Star candlestick formation on Weekly chart of Century Tex, which is giving bullish trend for short term. It's a short term recommendation. Trade: Buy Above = 813 Target 1 = 906 Target 2 = 978 Stop Loss = 747 Reward Points = 165 Risk Points = 66 " Happy Trading "
Ascending Formation on TATA Chemicals on 1hr chart. Trade Buy above - 482 Target - 491 Points Gain - 9 ( 2% of Stock Value) Please don't trade until the trade active...