Praj Industries Ltd:81.25
On completion of the correction, next Resistance will be ₹120
and in long term, targets will meet a ₹296 ₹358 & even ₹460 Fibonacci projection levels.
stop loss on completion wave (2) can be end at 64 or 55.
The 2008 top ₹268 concluded a primary wave 1] with an extension in its inter mediate wave (5), made a drastic fall , ...
Jindal Poly Films Ltd:
Current Price: ₹ 420 (omg')
Market Cap.: ₹ 1,851.73 Cr.
Book Value: ₹ 607.70, PE Ratio 5.42
Return on capital employed: 21.38%
Quick ratio: 1.05
Dividend Payout: 1.20%
Number of equity shares: 4.38 Cr.
Annual Sales:2644 Cr. EPS: ₹ 78.78 Expected EPS: ₹ 112.08
Cash end of past year: ₹ 99.82 Cr. Cash end of last year: ₹ 110.31 Cr.
Price to ...
Dredging corpn:674. A pole & flag pattern formation associated with huge volume shows strong bullishness with high relaiabilitty. Breakout from the channel can see a movement equal to the pole height.Target 1000. stop loss:660
Primary wave 1 concludes at 134.2 with 117.70 points
gain in 18 month.wave corrected 62% in time & price.
wave 3 in expected 253 to 370 minimum range.
In principle a primary wave takes a couple of years to complete.
Time frame could be 18 month or x 1.618 or x 2.618 or anything like that,
normally wave 3 concludes very swift.
(primary wave labels in square ...
Dish TV is having a breakout from a symmetrical triangle with huge volume, also referred to as a coil, usually forms during a trend, contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape, like a contracting wedge, wide at the beginning and narrowing ...