RaviYendru

RaviYendru

Kalyani steel shows Cup-Handle. Along with Triangle breakout. Fundamentally its a good company and seems to be demand for Steel is picking up. Levels explained in the chart

RaviYendru

Need to wait for the wedge to complete and break out on the higher side of the Wedge and take a long position for a longer duration. The Stock is fundamentally good.

RaviYendru

A perfect Cup and Handle for Bharat Rasayan. The Volumes have bottomed on the handle's Bottom.

RaviYendru

Seeing a Bullish Divergence in TCS. Can wait for the Stocastic to give a Buy signal for entry

RaviYendru

DMART has broken the support line which will not act as Resistance. I have sell analysis for some time from now.

RaviYendru Updated 

Positives: Ending Diagonal is seen. And the breakout did involve Volume. There is a big chance of an upside in coming days. The Company is in Value Zone currently. Negatives: The headwinds are from the current COVID situation because the company rents out spaces which involves people gathering Target 1: 515 Stop Loss: 428 Target 2: 714 (Very Agressive)

RaviYendru

Airtel was in Range from 2007. Now we are seeing those level crossed ( after 13 years). The Amazon deal will be a breather for the Company.

RaviYendru

As per Elliot Wave theory, an Impulse cannot stand alone. Here we are observed the 1st Impulse and then currently a corrective wave is in the making. There is a probability that the 2nd impulse can start after the currect corrective wave completes.

RaviYendru

The current correction (Wave 4) can last for a while. The current correction (Wave 4) needs to be above the high of Wave 1 (6400) levels. Reason: Impulse wave rules -- Wave 4 should not overlap the price range of Wave 1

RaviYendru

If it breaks out then an upside can be expected

RaviYendru

SBI is at crucial Support and seeing a falling wedge formation which means reversal of the current trend. Will it move upwards in the coming days? Fundamentally, recent acquisition is something that Mr. Market has not taken lightly. So fingers crossed and i am just observing the stock :)

RaviYendru

I am seeing an RSI Bearish Divergence on Dabur on the long term charts

RaviYendru

IOLCP Might be correcting in the coming time and them move up again as per the Elliot Wave analysis. NOTE: I am learning Elliot Wave analysis and fellow members, please review

RaviYendru

Observing Bearish Divergence (Red) and Bearish Trade setup (Green). Since its a fundamentally strong stock, we can wait further to take a position

RaviYendru

Support and Resistances explained for TataSteel

RaviYendru

Possible changes of up movement in the near term

RaviYendru

Observing Bullish Divergence and Bullish Trade setup. Possible chance of up move in the coming days

RaviYendru

Observing Bullish Divergence (Green Line) and a Bullish Trade Setup as per RSI Momentum Indicator . Possible chance of Up move in the coming days