Support
Tata Steel - WaveTalks - Can Tata "Steal" The Shine !!! 250-300+Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Tata Steel
Tata Steel is a portfolio stock -If I am correct & it holds above 250 (strictly) or later below 250 - we look for buying opportunity close 180-200 zone which another important support for Targets
300 / 520 / Above 520 for 650 & crossing 750 - Wonder Waves (Wave 3)- Waves to behold as written in books.
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Auropharma
Last Video Idea - Is it Ready for Explosive Journey !!!
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ITC
Bullish Bat from 157-158 Zone for 162/165/170/176
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Nifty Index
Selling The Channel Top With Harmonic Pattern at 9850
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Wonder Waves Part 1 - Picking The Bottoms at 7700
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Wonder Waves Part 2- Can Patterns Repeat at 8055
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Wonder Waves Part 3 - Traditional Patterns Target -9600
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Thanks for watching the video & your precious time.
Nifty - Selling at the Channel Top-9850 Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
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Plan A
Bullish Butterfly Pattern Valid & Active - Once 9200 crosses & holds as support
Target 1 - 9400
Target 2 - Above 9400 for 9500
Target 3 - Above 9500 for 9600
Plan B
Reaching in the zone 9600- 9750 - Traders should be careful of Resistance zone formed for Island Reversal Pattern -The most important zone
Resistance in 9600- 9750 - Stops in that zone -preferably sell below 9600 or close to 9700 or 9750 levels (Note- No selling above 9700 & No selling above 9750)
Downside Targets
Target 1 - 9400
Target 2 - 9200
Target 3- Sell Only below 9125-9150 only for 8900 /8700
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Previous Ideas Video Link
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Wonder Waves Part 1 - Nifty - Wonder Waves -Picking The Bottoms at 7700
Wonder Waves Part 2 - Nifty -Wonder Waves Part 2-Can Patterns Repeat from Bottoms 8055
Wonder Waves Part 3 - Nifty - Wonder Waves Part 3- Traditional Patterns (Target 9600)
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Thanks for watching this video & your precious time - Have wonderful week ahead
ITC - Turned into STC - Will You Buy at 170-172?Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Targets Upside (Strictly Holding 170's)
176
179
180-182
Above 182-185 - No Trade Zone
If Stops in 180-182 ( Strict Stops above 183)-------------Target Downside 179 / 176 / 170 / Below 170 - 158-160
Thanks for watching this video.
Nifty -Wonder Waves Part 2-Can Patterns Repeat from Bottoms 8055Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Pardon me for saying figures of 80000+
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Trading Strategy
Note-
Recent Pattern shown in current video idea is not "Head & Shoulder" Pattern as H&S Pattern - Symmetry is very important. We used that geometrical pattern to discuss the upcoming bottoms & demand zone for the Index.
Target 1 - Strictly moving above 8100 - 8250
Target 2 - 8350
Target 3 - 8650-8700
Target 4 - Above 8700 - look for 9000+ (Not valid if crosses above 8700 & falls back below 8700)
Have a wonderful week ahead. May God bless all of us.