Dev9939

Dev9939

What a move guys. Reliance is now building up momentum for all time high.

Dev9939 Updated 

Stock is showing great resilience. As long as 2865 is not breached the view remains bullish. We can expect 3500-3550 levels on the upside

Dev9939

It hits the target zone. Now trailing can be done.

Dev9939

NH Chart was shared with me by one of our Seminar attendees. I clearly updated that looks like a C Wave Trade and worked out perfectly. Staying connected with right people can add great value.

Dev9939

Anticipated this Triangle Breakout and it has now started moving. Looks really hot.

Dev9939

Very close to 3500.. Booking out

Dev9939

We had expected 0.618 extension and exact level shown by Maruti.. Hope you guys enjoyed.

Dev9939

It looks the index might have completed wave 4 and might be going for the wave 5.

Dev9939

Britannia is showing strong momentum guys as expected. It may challenge its previous high. I have already updated the view few days back which you can check out.

Dev9939

Friends few days back I had shared the view on Maruti. Since then it has moved up nicely. Hope you could capture some move. Thanks

Dev9939

Maruti has started moving as expected. Look how it took support at the trendline.

Dev9939 Updated 

Lupin might be on the verge of commencing its up cycle from here. We can expect the current corrective structure (ABC) around the wave (iv). Also its 20 EMA is placed around 799 on a daily chart. So we can expect a strong bounce towards 870-880 levels in a short to medium term. Keep on watch list and try to enter on strength.

Dev9939

It seems Maruti has completed 5 waves and is now in Wave C of the corrective pattern. As long as 4640 is not breached the view is bullish. Expecting levels around 5500-5600 in a short to medium term.

Dev9939

Updated earlier about the Triangle and is now working out very precisely. 2450 is the SL it seems now.

Dev9939 Updated 

Biocon is showing strong momentum across all time frames. Levels around 325-330 could be an ideal entry point with SL of 315 for a strong bounce towards 360-370 levels

Dev9939 Updated 

The EW structure of Dr Reddy is very classical & a textbook type. It seems we have a Flat Correction in Wave (iv). Wave a=b and Wave c has extended exact 1.618. Besides the retracement of wave 4 is 0.382. So we have a Fibo Cluster around 3600 levels. ' So the probability of Wave (v) materialising seems bright in which case we see 4200 levels.

Dev9939

It seems on a daily we have completed Wave 4, the internal structure of which we have tried to analyse here in 60 mins chart. We can see clear ABC structure which was Zigzag (5-3-5). On completion of Wave 4 on a daily or ABC on 60 mins chart it seems we have completed Wave 1 of the 5th on a daily. Also the current retracement is around 0.786 where we can see the...

Dev9939

The structure remains bullish as long as we are above 2220 levels. Immediate resistance is around 2420 level which if crossed we may see up ward momentum building up. Looking for 2700 levels on this.