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...
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
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...
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...