Neo Wave Pattern in BANK-NIFTY It's a corrective pattern on bank-nifty. It's a retracement against up-move. From life high we are now in corrective formation.
SWSOLAR : SL - 275 TGT1 - 400 TGT2 - 450 TGT3 - 550 Risk & Reward ratio - 1:3
HDFCBANK Long Channel support zone & RSI also oversold zone & Bollinger Band also indicate BUY SL :- 1480 & TGT :- 1571, 1600, 1720
Flat correction 3-3-5 Wave A & wave B complete and wave C is starting phase
HAVELLS : 1st TGT - 1425 / 2nd TGT - 1480 SL - 1365
TCS If monday first 15 min candle close above 3520 lvl then confirmation of completed of wave 2
If JINDALSTEL hourly candle close below 442 then quit active bears.. And it's may complete wave B & start C wave.. Target of wave C is 400-420 zone RISK & REWARD is also good..
Elliot Wave Theory on SRTRANSFIN It's in the 5th wave, And current wave is 5th of 3rd is ON So trade with 3rd wave & enjoy rally
In BIOCON demand zone breakdown with heavy volume ... And Supertrend also indicate SELL signal on weekly, daily & hourly in multi- time frame.. Next support of BIOCON is near 300 that is long trend line support So in 4-5 days of span we can achive our 300 target..
Long TATAMOTORS on 27th oct @1.15 pm According to Elliote wave when complete it's C wave then TATAMOTORS again shoot up..
1st target is 1st resistance 2nd target is 2nd resistance 3rd target is depth of the Pattern
BANKNIFTY GO LONG.. Current week expected expiry near 36500