Just Dial is in the resistance zone (1050 to 1300)
The cup and handle pattern is in formation.
Suggesting to accumulate in trendline channel with the SL of 815.
Targets with successful formation of cup and handle or break-out of the channel as below.
Bearish Butterfly formation in Jindal Saw.
Stock may correct around 132.
Here afterwords strong support is 125, Exit if close below 125.
A breakout above 125 has below targets.
T1 = 132
T2 = 136
T3 = 142
Indiabull Housing Finance treading above weekly breakout of 240 and its less likely that this will come to this or below this level now.
It has already break supports of 272 and 263.
The next and final support is 252, we may see this level in the coming days and stock will rebound from here.
If all goes well in view of the overall market, the Immediate...
Nifty Elliot Impulse Wave Analysis:
Expected Nifty Long Term Target for Next Wave as below:
1) Nifty will retest the level of 15,450 from 16,300 around.
2) Long term target is 20,400 before major correction. This correction will decide the next trend of Nifty.
3) Expected correction points at this level is around 4,000.
4) Prior to long term target of...