Stock is at meeting point of FIB, S&R, Channel median and pitchfork LML...
stock makes the first high on 26th september 2016, lower high on 8th jan 2018, second lower high on 1st april 2019, breaks out of resistance trend line on 4th jan 2021, hits cycle point on 4th March 2021 to complete the 1st elliot wave, starts an ABC second wave of correction and completes the same when it lands back on the resistance trend line (retesting) on...
stock appears to have completed ABC correction bcoz it makes a double bottom at pitchfork median with a positive divergence in RSI..
ABC zigzag correction is completed at the confluence point of trendline, fibonacci and market geometry
stock back at cycle point and also at top edge of pitchfork
Stock completed the 4th of correction and starts a new 5th wave impulse....buy for hefty gains in coming days
stock completed the 5 wave down move and also made a double bottom signalling the start of up trend....
Stock completed 5elliot waves of the down move and also made a double bottom.....and has been making higher high and lower high structure confirming the start of uptrend....
Stock completed the 2nd elliot wave of correction and started the 3rd impulse....which is called the money wave.....buy quickly and make money..
the stock completed the Haed& shoulder pattern in Daily chart...one can go long for a target of 541..mid point target 414
NTPC has completed the cup & handle pattern in DAILY chart....one can go long for target 136...mispoint target around 120..
BAT pattern is in the making as shown in the chart.....we can play the CD leg with target as the D point....excellent risk-reward ratio..
Nifty is forming a cypher pattern in 1 hour time frame......target for NIFTY is the D point at around 13480...
The stock BEL breaks out of inverted head & shoulders pattern with stupendous volume.....A must buy!
coal india breaks out of triangle consolidation with high volumes......stock can be bought for handsome gains...
ONGC breaks out of consolidation with high volumes and is poised to go higher in coming days...Buy for handsome gains
the stock broke out of symmetrical triangle with high volumes....can be bought for handsome gains....
SEE THE CHART......PICTURE IS BETTER THAN WORDS