1. Wave 4 as per EW Theory seems to be in progress. The price actions seems ready to breakout for Wave 5 and a potential 35% upmove. Wave 4 has retraced almost 38% and rise in Volume in last few week shows that wave 5 is just about to begin. 2. Breakout from the rectangular box above 170 can potential take the price to 225-235 range i.e. ~ 35% up from...
Entire tyre manufacturing companies are in good position. This tyre manufacturing company has given a strong breakout on daily and weekly chart. Volume near the breakout is also increasing which is good sign. The stock is in blue sky zone hence, possible targets in the chart can be calculated using Fibonacci retrenchment tool. Disclaimer: Stock shared is for...
The Stock is giving a big breakout of all time high levels of 5813 on daily and weekly chart after almost 2 years. If today the stock managed to close above 5813 the breakout will be said a successful breakout and possible level of targets would be: 1st target - 7000, 2nd target - 9171, 3rd target - 11329. This stock shared is for educational purpose and does...
Huge breakout after 6-years can be seen in weekly charts of Godrej Industries. Volumes near breakout is also high which is a good part. The stock is ready to move in blue sky zone where there is no prior resistances. Disclaimer: Chart shared for educational purpose.
High probability that the stock will bounce back from the 200 EMA level. Watch green candles at the 200 EMA level. RSI showing +ve divergences. All import levels have been marked on the charts. This is for your educational purpose only.
DLF is a real estate company with a good land bank in its assets. The Share of the company has been doing very well for the last few weeks. I am sharing the resistance levels for study purposes. Thank You :)
Stock has given a sharp downside move few weeks ago in an impulsive manner. After that stock has bounced back sharply in a three wave corrective structure and halted near 61.8% fibonacci retracement level and retreated lower. Stock is likely to fall towards 3300 and 3200 in the coming weeks.
HDFC is to take long above 1688 for the next target of 1730-1750 with a small SL 1660. Good risk to reward trade. This is for your educational purpose only.
GRSE to take a long entry after the BO of the conflux zone. Entry above 618 for the next target of 640 with SL 605. Good risk to reward trade. This is for your educational purpose only.
Long Ashiana above 210 for the next target of Rs 230-235 with a small SL of 204. The stock has a breakout from the minor resistance area. On the daily chart, the stock has seen failed to break out. But the volume is too high & 50 EMA support has been taken by the stock. this is for your educational purpose only.
Long Centurfly above 820 after the BO of TL for the target 950 SL 760. A stock in momentum RSI above 60 sign is a bullish sign. This is for your educational purpose only.
Keep the stock in your watch list. After the break out above 110 clearly level of 125 can be seen. The stock has jumped in a parabolic move and halted near the resistance area. This is for your educational purpose only.
Long after the break out only. High probability that this time stock is going for a lifetime high. It seems the long consolidation period is going to end soon. Keep the stock on your watchlist. This is for your educational purpose only.
Long Welspun above 275 after the BO of resistance zone. If stock sustain then we can see the 300+ levels in the stock. The stock is going for the life time high. On all time frames RSI above 60 is the bullish sign.Tis is for your educational purpose only.
Long Canfin above the BO as marked on the charts. High probability that the stock will bounce back again. Shortly levels 0f 775-800 can be seen. This is for your educational purpose only.
Long BSE stock after the BO of major long-time resistance area above 615. All important levels have been marked on the charts. Add the stock to your watch list. This is for your educational purpose only.
Long siemens. All important levels are marked on the charts. Add the stock in your watch list. This is for your educational purpose.
Long engineers India above 116 Target 122-125 SL 111. Short-term trade idea. Good risk to reward trade. At support levels, the bullish green candle has been seen. High probability that the stock will turn around from the area of value. This is for your educational purpose only.