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...
Tata Power is in bullish mode. As per drawn Elliot Wave it should face strong resistance at 140. Suggest to book partial profit at 140. It will retest level 110 before further journey.
Reliance Industries has form a double resistance double support scalene type acute triangle pattern. Such kind of range-bound stock is good for swing treading until it wont breaks the channel on either side. At current level stocks look bearish and suggest to sell if it break lower resistance trendline towards downside. It will be highly bearish below 1920 and...
With a long-run prospect, stocks look in the consolidation zone. It is consolidating in the channel indicated by the red trendlines. It is expected that the stock will face strong resistance at the level of 252. Above 252, it has to break the resistance of 315. It may retest from these levels. It will become unreliable if it breaks the bottom trendline....