The price action in reliance is forming an ascending triangle structure and looking for a sharp breakout to 2500 range as per wave analysis in the month of July .Makes for a good Swing Trade. RSI is looking very strong indicating heavy buying to be coming in shortly volume and also indicating the wyckoff accumulation which has happened already. It should rise...
As per fibonacci retracement and chart analysis Tata Chemicals is highly bullish and will reach targets of 790 and 801 in July. Long in chunks for heavy profits. Volume is also in favour of Tata Chemicals as you can see from the Vol Line Price Action.
Nestle is riding on powerful Elliot Wave 3 , with the mooning going to start immediately, its going to give its all time high and more as per Elliot Wave 3 and Elliot Wave 5. Fibo timeline suggests 19300 might be achieved by July 15. Go Long on Nestle and get reward. PS : Maths Moves Markets, Not News , Not Fundamentals, No Speculations, Chart is the only...
Mahindra And Mahindra has formed a beautiful cup and handle and first target of 1011 can be expected by August beginning, traders can go long on M&M, and Fibo Extension levels with trend angle gives clear target of 1000+ in July.
Tata Power has already started minor elliot wave 5 , which will take it to 136, by July2-5 and 142+ by July 12-13.The strong trendline zone is acting as very strong support. Bullishness in Nifty can even lead to an extended wave 5, leading to targets upto 150+ in July itself.
Larsen and Toubro has formed a cup and handle formation and is starting wave 3 of elliot wave, First Target of 1800 + levels can be easily achieved in July.
Hindalco Might Correct Till 351, before starting rally .
Kotak Mahindra Buy for 1960 Target - Strong Breakout at Fibo Levels , Targets for Bullish Run and SL in the video.
Breakout of the resistance zone will give a target of 511.Already 1:4.69 profits were scalped.
PVR -Perfect Inverted Cup and Handle Formation.SL-1149, Target-1300.
Inverted Cup and Handle is formed. Can long till 1310. keep sl as 1144.MACD Crossover.
Head and Shoulder Pattern is formed and Wave C will be starting soon. Positional short for a swing trade can be done.
Levels Remain the same - 296-298 Wave 5 is over and Wave A has started , going short till 296-298 levels easily.
Elliot Wave 3 - Impulsive Bullish Move is starting in Deepak Nitrite and Big Breakouts and targets will be achieved. Possible to see 2000 + levels in May easily.
Dr Reddy Will cross 6000 this May, based on Elliot Wave Formation.- levels of 5800 + can easily be seen around 20 May. Nice Breakout with Huge Volumes is a Confirmation.
Elliot Wave Analysis of dani Port- Starting most dominant wave 3 - big Records are coming , big targets bullish wave 3 has started, this month will see 910 target
A beautiful elliot wave is formed on 30 mins timeframe. Clearly shows that the Wave 5 was the breakout and now Tat Motor will enter wave A and correction can be seen till 298-296 levels . Intraday Traders and Swing Traders can go short now. This is my personal view , not a suggestion.