As per my wave analysis..
Price action taken support from 200 days Ema and fib 0.618 stop loss 437.
Tatamotors looks good for long Buy around 419 to 420 SL 415 CB T 428, 436 and 450 and above
All mentioned & plotted on Chart. My personal View. If matched, Like & Share As i am not SEBI regd. analyst, take this study as educational purpose. For taking trade decision Consult with financial Advisor.
As per my wave analysis..
Looking for option on TCS Fib Retracements analysis. The stock is in a clear up-trend but can't get the confluence in Fib Retracements and therefore need ideas on improving the understanding of Fib analysis.
24-01-2018 BUY ULTRACEMO ABOVE 4411 TGT1=4476 TGT2=4526 TGT3=4601 closing base SL=4373
1750-1760 is good short term support area, 200 MA, Fibo level.
Follow the Fib levels for your trade if close above 300 then 306 as first target else it may test 293 to 280 keep an eye on Zinc prices as well
VEDL , one may play with Fib levels Buy around 320 SL 312 (and stays above it so CB) T 330 and more
As per my wave analysis..
All mentioned & plotted on Chart. My personal View. As i am not SEBI regd. analyst, take this study as educational purpose. For taking trade decision Consult with financial Advisor.
23-01-2018 BUY DMART ABOVE 1193 TGT1=1204 TGT2=1223 TGT3=1249 closing base SL=1171
Long idea with support trend line with support trend line and with minimum target for 125+ which is 1.382 retracement level
As per my wave analysis, there are three possible options indicated by different colour arrows.. My preference, it should go up first and then drop fast..
As per my wave analysis..
As per my wave analysis.. Prices can fluctuate around the Green arrow. Bottom line, would BUY low at around 1000-800 levels, when we get a reversal signals.. till then would look at options and trade the downside..