AMARAJA BATTRIES looks like stocks has completed its current wave2 and resuming its wave3 rally. If so a great rally may be seen on the charts of AMARAJABAT. Current Price 578.00 around. View here is of personal nature and not a recommendation to buy or sell in security. Investment in shares are subject to market risk. Please consult your financial advisor before...
A Positive breakout from here will take BIRLA TYRE where? Mid and Small Cap rally seen developing. Keep Watch
L&T Finance Holding Seems have been completed Wave B in a double Zig-Zag corrective pattern, and now in a mode to form a Wave C in an impulsive form. Impulsive Wave assumption for C Wave completion is drawn on chart in white lines as i, ii, iii, iv & v. May be very early to predict as Still a B Wave can in in existence and more combination of triangle or flat can...
Since pandemic BANKNIFTY has rallied from 16100.00 to 41000.00 plus levels. A clear impulsive rally we have seen from low to high as mark in yellow as Wave 1 , Wave 2 and Wave 3 as a Major Wave cycle. Wave 3 (Yellow) of a Major Wave Cycle seen to be extended in 5 sub waves(marked in green as (1),(2),(3),(4),(5)) fallowing all the conditions of Elliot Wave. Since...
IOLCP moving upside with huge volume at current candle. Need to keep close watch for reversals. Stock is good
Glenmark Trend Line breakout on 1 hour chart. Keep Watch
1. A rise from point (A) to point (B) is 446% 2. A fall from point (B) to point (A1) is 60% 3. A rise from point (A1) to point (B1) is 435% almost near to rise at point number 1 Stock is now falling down. If HISTORY REPEATS ITSELF in technical analysis then IS this stock likely to fall 60% from current high at point (B1). Need to keep watch
Bank of Baroda is now trading at extreme harmonic number of ab = cd pattern. keep watch
NIFTY OIL and GAS trading in a negative bias. All slopes down. Keep watch
SRF has moved 1.618% upside from earlier retracement and now struggling to move above those levels of 2410.00 around. Likely the stock will retrace back the rally upto 38% to 40% of original move. Strict Stop Loss 2415.00 around
Crude Futures seems to be trading near the top trend line on Monthly chart. Sideways on weekly chart with a Negative divergence. keep Watch closely shorting opportunities may be coming soon.
IOLCP which is highly undervalued stock seen retracing more on its levels. Stock seen retracing in E of A,B,C,D,E, as mentioned on chart and a retracement of 61.8% of a earlier rally comes to 435.00. Need to think if stock really in mode to retrace harmonically then more 23% fall cannot be ignored. Study the chart carefully
Is NIFTY alarming the sell trigger at the top? Need to keep a stock specific approach at highs. Keep watch
JAMNA AUTO seen attempting a breakout on Monthly chart. Long way to go on sustained breakout. Keep watch
A clear bullish trend breakout to new all time high seen on charts of ASAHI GLASS INDIA. Keep watch
SUPRAJIT ENG looks breaking into new high on monthly chart. Price need to close above the resistance level indicating clear breakout till this month end October 2021. A fallow up buying thereafter may take the price to new heights. Keep Watching
Stock retested the breakout resistance levels and now likely to resume rally
Bullish Momentum expected on back of breakout on the charts of PAGE INDUSTRIES. A possible long candidate