Please do your own analysis. Not a recommendation Reason for long: 1. Price now at resistance turned support level. 2. Price is accumulating orders 3. Fib support of 38% Potential of high up moves.
Reason for Long 1. Breakout in weekly chart with volume 2. Price retraced to Fib 30% after breakout Target1 = 4200 Target2 = 4400
Stock is rising in an impulsive manner forming higher highs and higher lows. Any dip should be taken as buying opportunity for the upside target zone of 3800-4000 in the coming months.
Sock has bounced back from the support zone and currently hovering near it's previous swing high on daily charts. As per the current formation stock is likely to move up towards it's resistance zone with any weakness holding above 200-195 zone.
Stock has already concluded a running triangle structure at OCt'23 low of 2220 and is rising in an impulsive manner. The measured target for the same is coming in the region of 3400. Hence, stock is likely to continue it's uptrend towards 3400 with any weakness holding above the support zone of 2500-2450 in the coming months.
The current structure suggests that prices have formed an Ending Diagonal structure. Price are likely to fall towards 1000 and 975 zone with any rise holding below 1125.
CRUDE OIL RESIST 81.00- 82.00 SUPPURT 80.00-79.00 Watch carefully in this zone
Biotcoin Target as per Elliot waves. It's just a projection. further targets and retracements levels we have to wait and see the moves. If this monthly closing is above the previous high then the targets mentioned in the chart are confirmed. We don't predict the market but based on the retreat and levels that targets are confirmed. let's go with the flow
Breakout Done Retest Done Imbalance Covered Target 15 to 90% Short term & long term
Nifty remains a sell below 22075.Trgs 21845/742. Personal view 21742. Probable trend change dates 16th April & 9th May. These angles are plotted based on some Gann techniques.
ITC Ltd as you all know it stablished in 1910, ITC is the largest cigarette manufacturer and seller in the country. ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business. Fundamental = strong Market Cap ₹ 5,23,098 Cr. Current Price ₹ 419 Stock...
CROMPTON in 4th wave in larger Cycle got rejected from channel top, wait for correction to complete Up move will start forming 5th wave it's not a trade advice, trade with due diligence
WIPRO 1st, 2nd, 3rd, 4th wave has completed 5 th wave in formation, within 5th wave in smaller cycle 1st,2nd,3rd wave completed either 4th wave has been completed or can see further retracement of 4th wave if 4th wave has been completed,5th wave formation will result in upward movement. this is for educational purpose, not a trading advice, trade with due diligence
Stock has formed strong base on previous high and formed huge bullish candle. Strong upside momentum expected. Stop loss can be considered below 650
Data patterns would continue its rally after long consolidation. It took support multiple times on the same levels, and it is showing the reversal sign. for short and long term CMP is looking attractive with 15% of risk. Initial target would be - 2470 Stop loss would be below - 1750