Correction type ZigZag
Ashok leyand gap open down 3rd wave and stock complete 4rd wave bounce and again go down side 5th wave not buy this stock this place
The public sector stocks are always an attractive pick. But with a great technical setup, it can be a good buy choice. The below is the analysis for GAIL India.
1. The trend formed is not exactly a wedge, it is like an inverted triangle. The high points were touched 4 times, thus establishing the upper resistance and rise in trend. Similarly there were higher-lows...
Expecting good upmove in counter from current levels
bullish study,, indicator are giving signs of trend reversal
atleast 5-7% upmove expected
Good long candidate
#MOREPENLAB (W):- BUY AT DIP (44 TO 52 Range) For Target 120
1) MULTIYEAR BREAKOUT :)
2) Volume Breakout + Marubozu Candlestick
#Disclaimer:-I just shared view for only educational purpose.
LONG SCENERIO - Nifty50 has been trading in a very crucial level. The gap up from 2nd of Feb (Budget day)has being acting as very crucial support & seems to be like big players spot. Well we wanted to know if NIFTY has a momentum while giving reversal from support & we plotted a divergence that has occurred near support area.
Note while doing analysis, we also...
