BUY - LLOYDS STEEL INDUSTRIES LIMITED CMP - Rs. 16 Target - 1: Rs. 21 Target - 2: Rs. 24 Target - 3: Rs. 30 . . Technicals - 1) Bullish Harmonic Pattern - Sea Horse. 2) Targets set using Fibonacci Retracements and Gann Angles. . . Comment - Target - 3 will be achieved in the long term. . . Follow me for more!
BUY - GR INFRAPROJECTS LTD CMP - Rs. 1020 Target - 1: Rs. 1326 Target - 2: Rs. 1431 . . Technicals - 1) Sea Pony Harmonic Pattern 2) Targets set using Fibonacci Retracement. . . Follow me for more!
There could nice bounce in NIfty if the price manages to sustain above point C of this pattern. The targets and stop loss are mentioned on the chart. Please wait until confirmation to go long. Stop loss to be same as cost, because stop loss for momentum trade could more here. Below point D price goes to test the demand zone below.