Niftydirection

Niftydirection Updated 

NFL breakouts of weekly parallel channel with huge volumes looks to test 40-36 first which are good entry points. for 55,62,68 targets with SL 32 on daily basis

Niftydirection Updated 

BEL broken out of contracting triangle and moved like a rocket. Currently in 4th Elliott wave which is corrective in nature. All bonce towards 99 short opportunity with SL 100.2 target 96.4, 95.3, 91.7, 90.90 Disclaimer: All levels pointed on chart are forecast based on mathematical Calculations or chart based technical analysis which may or may not true. This...

Niftydirection Updated 

Reliance continuous run-up with extended(3.618) 3rd wave to end near 1997. Volumes are dropping suggesting it may not extend beyond 2000 levels. 4th Wave should start from there which could end between 1625-1570 zones. It has also formed inverse head and shoulders pattern which post breakout target 2333. All details marked in chart. Stock may not follow exact...

Niftydirection Updated 

HDFCBANK retraced more than 61.8% from top. Leading Diagonal wave is 5 wave pattern which is formed in wave 1 of impulse or wave A of Zigzag. HDFCBANK to start fall post close below 1093 on hourly chart. SL can be 1120-30. Potential wave targets are in coming days Wave A 1046/1020 Wave B 1075/1065 Wave C 1002/960

Niftydirection Updated 

First source solution (FSL) looking for breakout from parallel channel. Third Elliot Wave has been started which can be confirmed by volume blast. Formed cup and handle pattern which is near breakout point. All dips towards 42.3 - 40 are long opportunity Stop Loss 34.9 on daily closing basis. Check chart for more details. Third wave target 58 Fourth Wave target...

Niftydirection

Trade closed near 3400 with nearly 30% gains.

Niftydirection Updated 

Entry on any dip 2621 SL 2370 (9.5%) tgt 3435 (31%). Please check rest all analysis in chart. Like, Comment and Follow

Niftydirection Updated 

If doesn't break 10350 then 10697 target in couple of sessions. Otherwise consolidation in 10250-350 zones. Below 10350 close on 15 min chart gap 10288 will be filled. Just my analysis not recommendation for taking any position :)

Niftydirection Updated 

Stock made its explosive move towards 1.618 fib level 380 from wave 2 and completed 3rd wave, extension 2.618 (478) is less likely. So fall to 0.382 or 0.5 fib levels expected in coming sessions. Sit tight and wait for entry near 315-295 target 400 Stop loss

Niftydirection

Trade 1 Long on any dip towards 225 SL 220 target 235 Trade 2 Short near 235-36 SL 239 target 225 Trade 3 Positional Long near 225-220 SL 209 or wide 199 (on daily closing basis) target 268

Niftydirection Updated 

A Microcap with sound fundamentals looking for breakout? Massive volume observed Close above 192 on daily chart will confirm. Wave 3 target 283. Failure to close will confirm corrective wave still in progress. Microscap stock highly risky not suitable for all investors do your own study or ask your financial advisors before investing.

Niftydirection Updated 

Head height =478 approx Break point =484.8 Target point =962 All details in chart, like and follow for upcoming work. :) Do your own study or ask your financial advisors before investing

Niftydirection Updated 

10420-25 target SL 10330 entry 10370-60

Niftydirection Updated 

Nifty trading in range today completed wave X (xx) now moving towards Z wave 10383-400 target in next session.

Niftydirection Updated 

Nifty to probably hit 10240 and fill gap Just a study based on Elliot wave and Fib levels. Not recommended to take any position on this analysis

Niftydirection Updated 

Nifty after expanding triangle correction aiming for Target of 5th wave 10555. Like or Comment if you agree. Study purpose only :) analysis could go wrong and wave could be truncated.

Niftydirection Updated 

Rethink if you want to go long near 10400. It should again test 10280 if sharp fall and close below 10310 on 15 min chart then 10280 then 10244 to fill pending gap post that up move .

Niftydirection

Positional mid to long term 1100-1200 with final target 1520 if wave structure remains ideal. Depending on wave 4 movement wave 5 target will vary. Stop loss can be below 990. Follow and like my smart-work :) Nothing is for sure in the world of stock market thing can go opposite any time. Ask your financial advisor before investing.