AdarshDey

AdarshDey

Graphite India in Bullish Wolfe Wave. As this analysis has been done in weekly time frame so having patience is advised for the target and return.The Rate Of Change has been customised for a better fit. The ROC indicates the initiation of a uptrend. However, the major up move is expected for 587 when the stock closes above 418 on Weekly basis. So it is advisable...

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BOMDYEING in Bullish Wolfe Wave. It can be bought with a SL of 79 for the target of 94.80 and 108.80. The Directional movement on the downside seems exhausted and a reversal is expected. ( It should also be noted that the result date is 4th Nov 2022, the uncertainty remains high so please put a strict SL) CHART & ANALYSIS -- ADARSH DEY

AdarshDey Updated 

In the previous NIFTY OUTLOOK Nifty was expected to be range bound within the zone 17442-17561 for continuously 3 days Nifty was range bound with closing in the mentioned range. And on Thursday evening I expected a breakout and I thank NIFTY for respecting the expectation on Friday market opening. Currently NIFTY is expected to open gap up on the occasion of...

AdarshDey

Seems a less risky opportunity for a Long position for the target of 866- 892- 936 with a SL of 803 CHART & ANALYSIS -ADARSH DEY

AdarshDey

This is a study for OIL INDIA LTD.Due to some technical error unable to publish OIL INDIA LTD CHART.Please go through the below explanation for OIL INDIA LTD Chart and Analysis Oil India seems a good buy at this level for a target of 220 - 236 with a SL of 191. CHART & ANALYSIS ADARSH DEY

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HCL TECHNOLOGIES has beautifully taken a support at 0.5 Retracement level and its 200 Weekly Exponential Moving Average. If we try to see the importance of 200 Weekly Exponential Moving Average for HCL TECH, then you can observe it has been rarely been broken by HCL TECH(Year 2008 & 2020 shown in the chart). Rest of the time when market is not in a panic mode HCL...

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Seems good for a Bounce. Target seems to be 934 and SL - 850. Risk Reward Ratio stands to be at 1:3 Chart & Analysis ADARSH DEY

AdarshDey Updated 

In the Previous Nifty Outlook, I mentioned on 13th or 14th Oct, the low will be formed before a good bounce that is expected to be made. Nifty made a low on 13th and gave a huge Gap up on 14th.. And previously the support level were 17081 incase of the gap down of 10th Oct and once if it breaks gradually the next support was 16900. Nifty made huge gap down on ...

AdarshDey Updated 

This is a 180 Min TF NIFTY chart. By the end of this post we would try to understand the short term trend and the trade setup for the next week. An update on daily basis will be given in the update idea section. - TIME CYCLE: If we study the time cycle starting at 17 June 2022. I have adjusted the cycles at certain TF for better adjustment. We can observe the low...

AdarshDey Updated 

Previously in NIFTY Outlook (7th Nov 2021) post: -18098 was the first target, it is achieved on 9th Nov very accurately and market reversed to retest support afterwards. -17763 was the mentioned support, Nifty was saved by almost 40 Points. -Today Nifty tried to breach the first target (18098) with a Gap up but was unable to sustain above it. -The second target...

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May get recommended by your favourite Analysts at your nearest Television sets. But for now no reversal signs, but hopefully it will soon. CHART & ANALYSIS - ADARSH DEY

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The chart is self Explanatory, So i am not going to explain anything more. And this is an Investment Idea not Trading idea. Those who wants to invest Have patience and add on dips.And for trading purpose 790 is a good level to book profit. Chart & Analysis By - ADARSH DEY

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BIOCON: Few key points to note: - Seems like Wave 4 is completed and Wave 5th have been initiated. -Respected the Golden Ratio of the prior trend. - RSI Bullish Divergence (Double Bottom) - Support taken at 200 Weekly Moving Average & EMA - Bullish Candlestick pattern formed at Official Level (Golden Ratio) & Moving Averages. I expect upside reversal in...

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ALKYL AMINES: Few key points to note: - A Bullish WOLFE WAVE has been formed - Waves counting are mentioned - Tested the Gann Level of Prior Trend - Recently tested 200 EMA - RSI Exaggerated Divergence I expect a bounce from this point for 3578-3630-3849, but we don’t have any reversal signal yet. Once a bullish candle is formed at this level, we can long...

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NSE: M_MFIN The upcoming rally would be for such finance stocks. Its is no doubt a fantastic company in the hands of a very responsible man. Currently the stock is in 2nd Wave of its 3rd Impulse. It is a really good time to accumulate the stock till 131, for the minimum target of 250 level. And in long term it can touch it till 470. Chart and Analysis ADARSH DEY

AdarshDey

SIEMENS: Few key points to note: - A Bearish WOLFE WAVE has been formed -RSI Exaggerated Divergence I expect downside reversal from this point. However the trade gets activated once it closes below 2376 and the expected target is 2294. CHART & ANALYSIS – ADARSH DEY

AdarshDey Updated 

Having a lot of expectation for this stock to move upside. There are lot of confirmations on charts, However I am not plotting them on charts neither disclosing for now. The probable targets are 1242 & 1273 in short term. Rest all will be updated afterwards in update idea section. Chart & Analysis - Adarsh Dey

AdarshDey

JINDAL STEEL & POWER: Few key points to note: - Near the support & resistance trend line - At golden ratio of prior trend. - Waves counting are mentioned - Recently tested 200 EMA I expect a small bounce from this point for 420-430-447, but we don’t have any reversal signal yet. Once a bullish candle is formed at this level, we can long for the mentioned...