10420-25 target SL 10330 entry 10370-60
Nifty trading in range today completed wave X (xx) now moving towards Z wave 10383-400 target in next session.
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
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.
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 .
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.
Must sustain above 550 on 15 min to confirm breakout. Conservative can watch 557 close on 15 min chart to confirm breakout. Positional SL 535. All other details in chart.
68 to 99 our target 95 nearly 40% gain
Orient Bell Risky Microcap stock positional tgt 95 on weekly volume gain with cup and handle bullish breakout entry near 69-66 SL 57
BHARTI INFRATEL currently in 4th Elliott which retraces 38.2 % of wave 3 should take this to 207-211 zones then 5th Wave which usually equals to that of wave 1 should complete near 268 (rally may start be before result?) as per wave projection. Trade at your own risk.
Its difficult to trade this pattern until it completes. Post wave z Nifty should correct downside till 9945. Risky Entry sell 10115-25 SL 10155(big Stop loss)
NIITTECH Long near 1485 small SL 1469 Target 1570. Levels marked in chart. Telegram - @niftydirection
Above 1043 on 15 min chart 1080 then gap fill zone 1113. Failure to close again 1017 to create Inverse head and shoulders.
Reliance started run-up post news on Jio platform investment by different well known companies which resulted in 3rd Elliott wave. Post news digestion retraced nearly 0.38% which made wave 4 Wave 5 will complete near 1646-66 thereby making negative Divergence with indicator like RSI and then start corrective wave ABC. All dip towards 1370 add opportunity SL...
HDFC LTD is trading in range and has made Tripple three 5 Elliott wave pattern in which waves W, X, Y, XX, Z are formed. This pattern usually a little shifted in opposite direction of preceding trend (here it was down) hence you would see dotted orange trend lines. Entry near 1520-1490. If on hourly chart closes below 1483 exit. Target 1690(Unfilled gap near...
Nifty started 5th Elliott wave looks bullish for target 10458 . Wave details in chart. Follow
Dabur made bearish engulfing candle though at good support but close below 440 on 15 min chart will bring 435 428.