Sensex
TIME TO EXIT FROM EQUITY HOLDINGSKindly exit from all your equity holdings and forget market for next 1 years as investment. We can miss only 5% to 10%. The probability of 20% sudden downfall is open. S&P 500, NASDAQ , DJI are near their long term resistance. Money is rotating from one sector to another. Those stocks in which public holding increasing, they are not moving up. What happen to PSU BANKS, kindly see chart of last 15 years. Once stock are sold to public, support had been taken out by Institutions. Now they accumulated it from last 1 year and now it time to repeat this game. Nothing is new under the sun in the stock market, it's as old as hills.
#GREAVESCOT #ENGINEERING #ENGINERSIN #MACHINERY #EQUIPMENT 11%+ Greaves Cotton Ltd
#GREAVESCOT
NSE:GREAVESCOT
CMP: 145.35
Target: 170++
May hold above 170
Stop Loss: 127
Time Frame: Approximately 3 months.
Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming
The stock has potential to go beyond 200 in longer time.
Compare with peers NSE:LICHSGFIN , NSE:DHFL , NSE:IBULHSGFIN , NSE:HDFC , NSE:HUDCO .
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With 💚 from Rachit Sethia
Nifty starts a RallyNifty witnessed its daily momentum going back to buy mode. The hourly chart above shows an attempt to break out on the upside of this triangle that would be successful once we close above 14770. an impulsive move upwards has been presumed from the low of wave E and apart from any small dip should continue to drive us higher. The only thing still missing are volumes, which is definitely needed for a successful breakout.
NIFTY MARKET CRASH - What's Next?My analysis-based prediction for Nifty 50.
Disclaimer: I, Anurag Gupta take no responsibility for you taking a trade based on my posts. The views expressed here are my own, the analysis could be completely wrong and these posts are only for educational purposes. You are solely responsible for anything you do based on my posts.
sensexSensex
Weakness and slide is surely below 48236.
Supply zone at 49661-50265.
Breakout and close baove 50265 is essential.
23.6% projection breakout will happen automatically
above 50265 for rise towards
next supply zone 51863-52516
The 61.8% projection for a-b-c relationship
will be witnessed on breakout and close above 50265
for rise towards 52147.
Traders long need to maintain stop loss at 48236.
Sell on rise to 49661 or above with a stop loss of 50265.
Trade long above 50265 for supply zone 51863-52516.
M&MFIN | Bullish Flag FormationTarget - 224, 245. CMP - 214.90 BSE:M_MFIN
We can clearly see in the daily chart that it has formed a pole & flag kind of a pattern which has already given a breakout of the 215 levels. If it sustains above this level, we can expect a target of 224 and a further target of 245.