NSE:ASIANPAINT ASIANPAINT , 1W T.F. We are in the completion of the 5th Wave of the first impulsive move (Motive wave) the next target would be seen @ 1926.75 or 2043.70 levels. Then we can see a Reactionary wave (which is a fall in the Price) with the opposite direction.
HINDPETRO WEEKLY T.F. Hindsight August 2017,the stock Price started falling from its Peak level of 492.80 Now we are still in the corrective mode i.e, the Reactionary wave. WXY.Its internal structure is (3,3,3) indicated that the WXY wave pattern is composed of three distinctive corrective waves. The next level is @ 280.95 & then we can see a massive downfall...
NSE:CIPLA CIPLA Weekly TF, First & foremost we have completed the Actionary wave followed by Reactionary waves. Now we are in the 3rd Impulsive wave which have impulsed much more than 632 level. In weekly TF, the stock will start falling from its Current Market Price till 516 & 478 odd levels.
BALKRISHNAIND Weekly Time Frame, BALKRISHNAIND is in a three-wave corrective reversal, after the intial five-wave rise at the beginning of March 2016. We know that once an impulse fully develops (in this instance wave 1), that is when a contra-trend reaction may follow Reactionary wave. At the moment we see price can fall till 743.50 to 679 odd levels, ideally...
ITC DAILY VIEW I think we will see ITC price Plummet in the coming days, Swing call. Next Target is seen @ 164.95 NSE:ITC
GODREJCP DAILY VIEW, We are in the last wave cycle I think we will see GODEREJCP price Plummet in the coming months. The Reactionary wave is still going, its a clear indication of a decline in the price. The stock has started falling from its peak from 05/09/2018
HDFC Weekly Time Frame, What a massive bull run it was for HDFC from March 09, the price was at 223.80 level. Almost a decade passed we saw a massive growth in the company, price ranging from 223.80 to 2499.90 till 13th Jan 2020. So now we have almost completed the First Cycle of wave theory ( IMPULSE WAVE ) Now we are in the corrective mode. I dont recommend...
USD/INR SPOT Price: Indian rupee aims to refresh record low versus the US dollar. Dollar is heading up to 77.13 to 77.82 odd levels. We are in the completion of the 1st cycle as per wave theory, last impulse move in the price till 77.82 levels. Dollar has beaten Indian rupee rigorously.
ADANIPORT seems to be consolidating @ the current structure, I"m expecting a rise in the price till 285 to 289.30 odd levels & then we might complete the ongoing 4th wave structure Once the structure gets completed, i can see a big correction in the price, as per 5th wave. As per 4 hr T.F.
APOLLOTYRE is offering a neutral stance, holding below the 23.60% retracement of its latest daily advance at 96 level, also the daily low was @ 88.70 In the Daily chart, the stock has a potential to reach till 115 or 127.90 odd levels, converging with the 38.2% retracement of the same rally.
RELIANCE IND SHORT VIEW, DAILY TIME FRAME The ongoing 4th wave has been finished, & the structure has formed as Diagonal , which means a heavy fall in the price Three way possibilities either the price can come down till 1099.35, 1057.30 or 1031.90 levels I'm not suggesting or recommending anyone to Buy @ this price, THE VIEW IS BEARISH
WEEKLY TIME FRAME The NIFTY 50 covers 13 sectors. It gives weightage of 39.47% to financial services, 15.31% to Energy, 13.01% to IT, 12.38% to Consumer Goods, 6.11 to Automobile and nil to agricultural sector and has a base capital of Rs 2.06 trillion. Nifty has been rallying since Feb 2016 Now we are in the corrective mode structure, its difficult to identify...