IOC longWe can see huge upside in the coming days if this line breaks, that what my prediction says. Its been ranging at this range for a long time. If breaks, we can see a 52 week high, just hope that bull market doesn't end.
Sensex
Colgate for the target of 1700+ if break 1668.FMCG sector is bullish and Colgate is taking a reversal in trend from 14 days downtrend.
HUL near breakout level!HUL can break the channel pattern, daily closing above the channel can be considered as the entry with stops below the trendline
Tata Motors for the Top Gear!Tata motors in a good accumulation zone. Recent highs of 355-358 levels can be the targets.
Nifty Elliott Wave Analysis - Bear Market Since making a panic bottom in March 2020, Indian Markets, along with rest of the globe, have rallied in an impulsive fashion. The entire up move can be plotted as a five wave impulsive structure. The wave counts here also coincide with the prevailing social mood and the level of broader participation which has progressively increased with every successive up move. Markets are nothing but reflection of the social mood in price and the wave analysis captures this behavioral aspect of financial markets. Nifty found a strong resistance at the Fibonacci level of 161.8% inverse retracement of the immediately preceding fall. Generally, this Fibonacci level is where we see major reversal but nonetheless markets overshot this level. Since Feb. 2021, various inter market divergences started developing specifically with respect to other emerging markets, dollar, Gold etc. We at Milestone believe this entire rise from March 2020 bottom is complete and we are now entering a correction that we expect to be at least 50% retracement of the whole rise. We have been warning of an imminent fall in the markets since 4th of August to our students at Milestone. We have witnessed that bear trend in Midcaps and Smallcaps which represent the broad market health but it was just a matter of time before we witnessed the same in the Largecaps and the the benchmark indices. Be prepared for what is coming.
Stock specific buying AS most of the stocks wll not perform WellA possible target in Bse Mid cap Index Wll be 30k in few years
Some correction Possible Before Hitting 30K
Britannia result Tomorrow. Britannia is showing consolidation pattern and showing signal of uptrend after reaching the bottom.
The result is expected better because of low base effect, the stock is undervalued.
1. SL 3400
2. SL 3330
target
3776
If break 3330 then a big downtrend can be expected.
IOC LONGBuy ioc for short term target 118, mid term 131.
Good time to invest for long term target 178.
How to take swing trades - catching the best breakouts!
1. Find stocks which trading in a range. Longer the range - the bigger the move.
2. Wait for price to show strength. Don't jump all in at the breakout. Gradually build positions. Take a small position at breakout and a bigger one at pullback continuation.
ACC to go for the run!Acc about to break the bigger channel in monthly timeframe. A good long term swing trade on the upside with a good risk to reward.
ITC (The meme stock of India) at a good place for Accumulation!The Perfect place to go long for a Stock is at dips, if you believe the company is fundamentally robust. ITC is at a place where you can go long at 203-205 levels with a very tight stop loss of 196 with the upside of 220 and subsequently 240 levels.
Havells up for accumulation with Fundamental UpdateA tight stop below the zone with the target for the upside at 1220 can be considered. Havells has quarterly results coming up in 11 days. A good result can further boost the stock on the upside.
short side sensexHello guys i had already given trade on nifty and banknifty everything played out really good this is some sort of scenario which is hopefully will happen accordingly to me so lets see what happen next and how it plays also before taking any trading decision plzz do your own analysis and if you like my analysis dont forget to like share and follow me thank you guys stay safe all god bless you all
nifty continuation shortsideHello guys i had given nifty trade already this is update chart what may happen next this type of scenario could happen what i expect so be trade carefully and plzz before taking any trade on my chart verify yourself also if you like my analysis plzz like share and follow for more thank you guys god bless you all and stay safe and take care of yourself and your family thank you
WHAT NEXT WITH SENSEX ?? JUST MOVING IN A SIDEWAYS TREND.Sensex has felled by almost 200 points from the past 1 month.
It is just moving almost in a SIDEWAYS trend.
Is this happening because of the excessive valuation of sensex ???
Acc . to RBI the valuation of SENSEX AND NIFTY are higher than expected.
Is this the cause of this SIDEWAYS/DOWNTREND ??
nifty in a range300 point range in nifty, since 3rd of June, tries to escape either side but fails to break it!
Opened a short position today morning seeing a negative candle + doji!
Turned out to work in my favour!
