SirajHudda

SirajHudda Updated 

AmubjaCement is ready to go higher from current levels.. After completing the correction the stock is ready to move higher. One can go long on the stock at current levels with stoploss just around 240 for the Target of 300. Its a nice risk reward trade.. Happy Trading!!

SirajHudda

Nifty would go higher from current levels with first targets around 8775 and second targets around 8900.

SirajHudda

BankNifty would go higher from current levels with first targets of 19700 and second target of 20050.. One can keep a stoploss around 19050.

SirajHudda Updated 

is all set to go higher from current levels. One can go long on the stock at current levels with stoploss just below 80 levels and targets around 88.5 / 90 levels.

SirajHudda Updated 

CrompGreav is giving a Short Setup breaking the trendline would take the stock lower toward the first target of 70 and probably further lowers toward 50% and 61.8% retracement levels. Details are giving on the chart. Stoploss should be just above the 89 level and can be trailed for the trade. Happy Trading!!

SirajHudda Updated 

Nifty is giving a Short Setup at current levels. After giving a 5 way decline nifty moved up in three waves above 61.8% fib in a corrective pattern which indicated that Nifty will go down further. One can Short the Nifty at current levels with Stoploss just above recent high around 8971 with targets of around 8620. Its a Nice Risk Rewards trade.. Happy Trading!!

SirajHudda

CESC is giving a short setup. The stock has been moving in an upward trend channel which is about to be broken down.. Expect a substantial correction or sideways movement in the stock before moving higher. Happy Trading

SirajHudda Updated 

Copper is a buying opportunity upon 50 to 61.8% fib retracement levels around 2.085 levels with stoploss just below 2.06 for targets of 2.15 / 2.20. This could turn out to be a correction or the start of a new rally.. Price action would give more details. Happy Trading!!

SirajHudda

GodrejInd is giving a Short Setup.. Stock gave a 5 wave decline from 542 to levels to 387 levels in Wave A and has since retraced backed to 78.6% fib. One can go short on the stock at current levels with stoploss just above 453 and Targets of around 380 and 350 wave Wave C. Details are on the chart. Happy Trading!!

SirajHudda Updated 

CrudeOil would continue going higher till 47.30 levels where it would complete Wave A = Wave C if its a 3 Wave ABC correction and probably start correcting from around those levels and go lower.. If its a 3rd Wave then we might see CrudeOil keep going higher and test the 50 levels again. Details are on the chart. Happy Trading!!

SirajHudda Updated 

IRB is giving a good buy setup on the weekly charts. After consolidating for a long time IRB is breaking out. Its a nice risk reward trade.. Buy & Hold IRB for a target of around 350 wil Stoploss of 200. Happy Trading!!

SirajHudda Updated 

ApolloTyre has given a Breakout from its Correcting Trend Channel Indicating the upmove has started and confirmed on the upside.. One can go long the stock at current levels or on some corrections retesting the breakout levels around 170 with Stoploss around 152 and long term higher targets of around 270/290. The Third wave has just started and may or may not give...

SirajHudda

NIIT Tech is potentially giving a reversal after an ABC correction with in the trend channel. One can go long now or upon the break of the down trendline as shown on the chart for a target of around 500.

SirajHudda

USDCAD is giving an ABC correction and I would expect it to rise towards 1.3400 level as Wave C of the correction. Details are on the chart.

SirajHudda

ACC is giving a Short Setup.. After a large rally ACC gave a 5 wave decline correction from 1740 to around 1590 Levers after which it has moved back up again in what looks like a 3 wave corrective pattern indicating that it will go down again for a Wave C or Wave 3 correction down. One can short the stock at current price levels with stoploss just above 1740 and...

SirajHudda

Arvind is giving a Buy Setup for Either a C wave move or a 3rd wave move. Short Term targets are around 325 with Stoploss around 295. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook: www.facebook.com Twitter: twitter.com LinkedIn: in.linkedin.com

SirajHudda

JustDial's correction is potentially completed which also retested the breakout trendline around 78.6% fibs. One can go long on the stock at current levels with Potential Start of 3rd Wave Rally which would take the stock higher and at a faster pace. Short terms targets are around 750 and longer term targets are around 1000 levels and more. Details are on the...

SirajHudda

Dishman Pharma has given a Breakout from its correction and has retested the breakout. It is now potentially ready for an upmove. One can go long the stock around current levels with SL just around 150 and Targets at 250. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook:...