Pattern Formation on Chart of Natco Pharma! Upside PotentialNSE:NATCOPHARM
Observations well explained on the Chart.
I see a huge upside in Natco Pharma.
The simple Cup and Handle formation is in the process.
Hope to see it does what I made in the chart.
Predictions are merely for education purposes.
Elliottwaveprojection
Gujarat Alkalies Flag formation and start of Wave 3Stock in flag consolidation since long time and on verge of breakout.
Long near 360-70 with Stop loss 302
Minimal target 512-15 of Wave 3 or C.
Agressive targets posted as Wave iii can be possible as consolidation is quite high
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
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Ashok Leyland Eyeing New All Time highAshok Leyland has completed wave 4 and looking to head towards new all time high 170+
Long near 120 with stop loss 107
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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Nifty C wave Pending of FallNifty short near 14730-40 zone where 2 of C is expected to complete with SL 14780.
Or on confirmation fall 14649 break for downside target 143360-200-100
3-4-5 waves are imaginary and can change
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
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Astrazeneca starting 5th WaveStock moved 14% last session with 2931 stop loss we can ride 5th wave for given targets on chart
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
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Info edge 4th wave double or triple correctionInfo edge could be completing 4th wave correction or may give final correction in Z wave till 0.618 fibonacci level.
Other details on chart. Since exact end of 4th wave not know so Swing low would be stop loss
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
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REC in Pitchfork PatternREC moved in channel formed by Pitchfork pattern.
It appears Tripple zig zag correction WXYXZ going up.
Entry near 125, stop loss 91.7, target 190
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
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Adani Enterprises 5th of Wave ASell on 977 break for 947. Stop loss will be high of previous candle breaking 977.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
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Tata Steel Ending diagonal in 5th WaveTata Steel started fresh impulse post march 2020 lows. It had retraced deep from previous high 748 to 250 levels.
Currently 5th of Impulse is ending diagonal with upside range towards 893 and all time high 902.
If breaks 902 which is tough if will head towards 1100 chart may be re posted with updated targets
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
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JSW Steel Extended 3rd and 5th Waves and Channel ResistanceStock has spectacular rally after March 2020 lows due to extended 3rd and 5th Waves.
The channel has been drawn between mar 2020 lows and previous all time high.
Now V of 5th is ending diagonal and Negative divergence seen on MACD.
Break of lower channel line of ending diagonal would confirm downside which is expected to go 0.618 or more.
Alternative to this analysis If stock moves past 460 it can head towards next Fibonacci extension points 485/524
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis. Details in description.
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Asian Paints 5th wave startingLong zones 2500-2400 stop loss 225
Target 3100-3150
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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IFB Industries 5th wave Long near 1070-1100 SL 970 target 1700+
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
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Nifty Double zig zag correction Mar 2021Nifty made low 14350(Wave 2) this is nearly 0.618 fibonacci level(14297) of previous rally after budget from 13597 to 15432(Wave 1)
Since correction is deep this is double zig zag correction.
Upper channel line target comes around 15200.
Nifty made Piercing Line candle Stick on daily chart on Friday 19th Mar 2021.
Swing high 15337 break is confirmation of correction completion for 3rd wave least target 16185.
If channel and 15337 is not broken then there is possibility of Tripple Zig zag correction.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
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Bata at lower channel lineDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
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Bata trading in corrective channel and about to commence Z wave. If this is corretive wave the will stay in channel otherwise in case of channel break it will be termed as impulse wave.
Support zone 1450-20
Stop loss 1288
Target 1890-1900
Banknifty consolidation Triangle wait for breakout (fixed count)DISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
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Banknifty consolidation since many days and looks fitting triangle pattern or flag with pennant .
Stop loss 34893
Wait for confirmation close above 36464 for given targets of 38400 and 40k