Granules - Bullish Wolfe Pattern for Long Positional TradeNSE:GRANULES is looking bullish and wolf wave Bullish is in action.
With SL of 322 Holding Target for 400 can be aimed.
Wolfe Wave
Amara Raja BatteriesHuge volume and a huge fall. please give some time to cool it down. I Will update while consolidation signs are seen or a breakout reversal is spotted. Right now I don't see a bullish candlestick pattern even.
BATA INDIA LIMITEDBATA INDIA on charts looks really good. Let me summarize the reasons in few points just to let you know why it deserves attention.
1. It is currently in its 4th Wave
2. A wolfe Wave has been formed with in its 4th Wave.
3. It has rested at few resistance points of its 3rd Wave. It could be seen as Resistance acting as support.
4. Surprisingly the Resistance acting as support zone and the 0.618 Retracement level of Wave 3rd is the same. Proving it as a strong support zone.
However reversal signs have not been seen yet. A closing above 1435 would confirm its reversal and activation of the wolfe wave as well. Once activated the first target would be 1546. Please avoid the stock till then.
MAZDOCK - Bullish WWMAZDOCK - another bullish WW forming it seems and it this goes correct then we can see the tgt upwards
COLPAL - Bullish WWCOLPAL - it seems bullish WW forming here in daily chart. Once it makes its base it may go up
BULLISH Wolfe All in Chart, LIC Housing finance looks good at CMP. for a target of 464 with a stop loss of 384.
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only for learning purposes..Please take precautions before u make any buy on the chart posted by others.
BRITANNIA Bullish Wolfe Wave on WeeklyNSE:BRITANNIA - BRITANNIA is generated Bullish Wolfe Wave.
Reversal with good volume will be ideal entry in one of the strong fundamental stock.
NIFTY 50A bullish Wolfe Wave formation completed on 17th February with in the parallel channel as it formed on 10th February that led to the rally till 15th February. Now Hope, this would lead to rally for completion of the Super 5th leg of the channel. And this even is the last hope for Bulls for today. Because this is really a short time frame and there is very good chance of respecting this pattern. So please be cautious. I have attached a image in update idea representing why 15440 is a resistance level.
Nasdaq CompositeTVC:IXIC Should keep surviving above the pink line.. .Below that e, it may be teased by bears.
