WAVE-B
TATA MOTORS SAFEST BUY FOR LONG TERM INVESTMENT
This is the Wave 5 which is forming now
This will be that stcok who will rise irrespective of the Indexes falling;
I lack the expertise of understanding the fundamental part;
Just curious to know the fundamental part; if anyone with required expertise and knowledge please comment
Speculative Wave Analysis on 4Hs chart:
Upcoming wave is impulsive wave and target is 577 nearby after up breakout.
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Let's check Breakout more closer look.
While breakout the price Congestion, volume should more than 2x from average volume.
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The bhartiartl in slow direction moving towards down however if it breaks the 549 there can be a big move towards up-direction.
Banknifty Forecaste 30Mar2020BankNifty after a smart rally is not under a correction of that rally and would correct 50 to 61.8% fib levels which would complete Wave A and Wave B and a rally further towards 24000 is possible for Wave C to complete the zigzag correction after which we shall see another big fall which will be at least equal to the first fall if not more...
Happy Trading!