Cadilahc has more downside to come before going higher. Wave A and Wave B are completed and Expecting Wave C/3 to go atleast around 270 Levels on the down side to complete the correction.
HCLTECH is giving a potential Buy Setup!! The Zig Zag Correction seems to be over with today's low made around 730 levels. I would expect the stock to go higher from here and breakout of the corrective channel that it has been in from long time. My stoploss is around 725 levels and First Targets around 950 level and above.
AmubjaCement is ready to go higher from current levels.. After completing the correction the stock is ready to move higher. One can go long on the stock at current levels with stoploss just around 240 for the Target of 300. Its a nice risk reward trade..
Nifty is giving a Short Setup at current levels. After giving a 5 way decline nifty moved up in three waves above 61.8% fib in a corrective pattern which indicated that Nifty will go down further. One can Short the Nifty at current levels with Stoploss just above recent high around 8971 with targets of around 8620. Its a Nice Risk Rewards trade..
CESC is giving a short setup. The stock has been moving in an upward trend channel which is about to be broken down.. Expect a substantial correction or sideways movement in the stock before moving higher.