Buy on dips near the level of 770 , keep sl of 740 and look for the target of 840/870's .
After an impulsive rise followed by a long term correction stock has give a breakout of the long term downtrend line & is trading in an impulse channel. The current wave can be a 3rd wave. As of now one should buy the stock with SL of 149 for tgt of 329/380 zone.
Sell TCS with SL of 325 for target of 3050 , below 3000 it can slip to 2900 level.
icici bank form descending tringle pattern . also no momentum in stock now icici bank standing support area. BREAKDOWN:- sell below only 634 stop loss 640 target 1 : 617 target 2 : 600 positional trade take time UPSIDE ONLY ABOVE TRENDLNE BREKOUT above only 645
After a long consolidation for almost 6 months , finally the stock has given a breakout of the triangular structure. Assuming wave (e) completed around 1655 , Indigo is ready to give an upthrust out of the bullish triangular wave. One should buy the stock on cmp and add on dips (if any), maintain the SL of 1655 which is the area of wave(e) and look for the...
Buy the stock on cmp , add on dips till the neckline, maintain the SL of 230 & look for the target of 330/375 area.
A formation of Bullish Triangular wave can be seen on the charts of IGL. One should buy the stock at cmp keeping a stop loss of 486 and look for the target of 430/460 & above. The final confirmation of the pattern is above 430. only aggressive traders should buy on cmp while the safe players should wait for the closing above 430.
Buy with sl of 153 tgt: 168/180
Buy on cmp , with SL: 320 tgt: 400-410
Buy on dips keepin SL of 138 and look for the target of 165.
Buy Precot LTD Closing Price - 123.1 Strict SL - 96 (WCB) Target - 180
After a long consolidation, stock has successfully broken the resistance with big volume. One should look for buying opportunity near the neckline which should act as a support and look for the upside targets. Investment strategy: Buy cmp , add on dips near the neckline , maintain the SL of 1050 and look for the target of 1340 (measured tgt for cup & handle) ...
This is a medium-term high probability trade with an upside potential of up to 258%. Duration- 8 to 10 months. Multiple signs make this a high probable trade- 1) Bullish divergence in MOM indicator 2) Elliot wave (3) starting. 3) FLAG break breakout. Height of the pole is 258% hence the optimum target There is a GAP just above the break-out zone, wait for a...
IT sector is about to outperform. Keep tracking IT stocks like HCLTECH, INFY, etc.
After the five wave rise stock has given a 3waves corrective move in the form of wxy. Considering this correction as a wave 2 completion on larger degree, one should go long on current levels keeping SL of 170 & target for higher in 5 wave impulsive rally. the immediate target should be 220/240
NOW NIFTY HAS GIVEN FALSE BREAKOUT . After rejection from 15050 level we have seen good downside move in nifty . now any gap up opening around 14700 to 14750 is good selling opportunity . below 14600 more down side .
Since we are witnessing a breakout and retest pattern on Nifty 50, but we also have to keep this in mind that bank nifty has approached it's resistance which is being respected every single time in past. According to me, a take away gap up opening is able to breach this resistance. I suggest you all to watch the market like a WOLF for couple of days. Do your own...
This lucrative setup is taking place on nifty50 4h chart. Wait for a decisive price action at area of confluence. Do your own research and analysis before taking any position. Greetings, Om Sharma