Tata Motors Elliott Wave PerspectiveBullish case for the stock...
Do not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you need it.
Please support us to help more people..
Indianmarkets
AUDNZD on 1HRAbout me:- This is your own scammer demo trader who lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million years ago, then the ninja dragon's master challenged me to fight him for his time travelling rainbow coloured shining sword & his rented Ferrari, of course after beating him as well I used his travelling sword along with rented ferrari came down here in the modern age of 2020, sold his ferrari and managed to gather some money for this trading.
Disclaimer:- Don't Listen to me, I'm not a financial advisor
TRADE SETUP FOR BHARTI INFRATEL -GOOD BUY RANGE IS ABOVE 235.5 ( BUY ABOVE)
-GOOD SELL RANGE IS BELOW 226.75 (SELL BELOW)
SBI MONTHLY CHART WITH LONG TERM VALUE CHANNELSBI Monthly Chart
While a typical chartist may call for break-down, the price-to-book value (historical fundamentals) indicate that the stock has multi-year support zone around the price range of 140 to 160. Are we going to see this support zone break-down and melt away in 2020 ? We expect to see long-term impact to emanate from today's policy announcements.
Disclaimer: All the index, stocks, futures, options ideas discussed herein, in this presentation, are not my recommendations for the purpose of initiating a trading position. I am not a SEBI registered Advisor. Investments are subject to market risks and you may consult your personal investment advisor prior to making investments.
Motherson sumi doube bottom beakoutDouble bottom breakout on daily chart.
SL= 63
Target 1= 87
Target 2= 100
Book Profits in Bank NiftyWeekly trendline resistance shows Bank Nifty cannot surpass these levels and will retrace FIB. levels.
Weekly expiry sets off tommorow, so book your profits today and enter short positions tommorow morning as there will a gap up opening
28200-28340 will act as support areas.
JPASSOCIAT buyJPASSOCIAT has been doing terrific lately. From the looks of it, it is just getting started!
This stock has been in a sustained downtrend followed by a long consolidation. It is finally looking to break out on the upside by a big margin.
The short term target is 24 at least. Medium term 40. Long 50 at least.
We may want to look for a slight correction only because it has been going up violently. Any dip should be an opportunity to go long.
Since the news of it selling of cement business broke off, this has gone ballistic. There is a lot of pent up aggression left in this and there is a long way to go.
Great buy in cash at around 16 - 17.. and with good timing, a greater buy in leveraged trade for next expiry.
TATAPOWER ShortTATAPOWER -1.51% has been trending in a nice channel.
82 seems to be a good level to go short for a target of 80.
This is also the expiry week so the next four days present a lot of opportunities. This definitely seems a good one for a leveraged trade.
Also, the general sentiment is turning negative or at least neutral for highly positive. That adds to the impetus.
Good risk reward considering everything.
GAIL Elliottwave view: Waiting to get 355 to build long positionStrategy: Buy the dip of 355
---------------------------------------
GAIL is trading in consolidation mode after hitting it's target of 400+. We were long from 325 and book profit at 390. We are calling consolidation from 374.90 price and expecting this consolidation will be zigzag correction and can extend to 355.
Strategy: Buy the dip of 355Strategy: Buy the dip of 355
---------------------------------------
GAIL is trading in consolidation mode after hitting it's target of 400+. We were long from 325 and book profit at 390. We are expecting this consolidation will be zigzag correction and can extend to 355. Break of current price 375 will expose to 364 and post that 355.