STOCK WILL BECOME BULLISH ONCE IT CROSSES 247. THEN THE IMMEDIATE JOURNEY IS UPTO 255. ABOVE 258, IT CAN HAVE TARGET OF 280+. STOP LOSS 230. (MONEY FLOW IS INTO AND VOLUMES ARE ALSO GOOD).
A SMALL UP MOVE INITIALLY TO 152 & 157 IS INDICATED. FROM THE WEEKLY CHARTS THERE IS A BUY SIGNAL, IF ONE WANTS TO WAIT, THEN 170 IS THE TARGET.
AS PER WAVE ANALYSIS, THE FIRST WAVE IS FROM 2419 TO 2903. SECOND WAVE IS FROM 2903 TO 2472. THIRD WAVE IS FROM 2472 TO 3092. THIS IS 1.38 OF FIRST WAVE. HENCE, WATCH OUT FOR THE 'DOJI' SIGNAL.
IT IS EXACTLY 50% FIB RETRACEMENT OF EARLIER RALLY. TRADE TO BE TAKEN IN THE DIRECTION OF DOJI LEVEL CROSSED. LEVELS MENTIONED IN THE CHART.
MONEY FLOW AND PRICE BOTH ARE AT LOW LEVELS. ONE DEFINITELY CAN ENTER FOR TARGETS OF 1400 & 1480. ENTER ONLY ABOVE 1340! WITH STOP LOSS @ 1306.
BOUNCED OFF FROM 61.8% FIB LEVEL. LET IT TRADE ABOVE 7050 LEVEL, THEN ENTER LONG FOR TARGETS OF 7143 & 7273. MAINTAIN STOP LOSS @ 6910. MONEY FLOW LEVEL DID NOT REVERSE YET.
THE TWIST IN THE INDICATOR SHOWS THAT THIS SHARE WILL BECOME BULLISH CROSSING AT 168 LVLS. TARGET OF 180 AND 219 IS SEEN VERY FAST. WHAT COULD BE THE NEWS?? KNOW THE NEWS AND AFTER THAT DECISION CAN BE TAKEN.
RIL SEEMS TO TOUCH 1408 AGAIN. PLACE STOP LOSS AT 1384. IF THE PRICE OPENS HIGH, I THINK IT IS BETTER TO PLACE "SELL" ORDER AT 1407-10 RANGE WITH STOP LOSS OF 1415. IF THE PRICE OPENS LOW, THEN PLACE "BUY" ORDER FOR TARGET OF 1406-8. STOP LOSS AT 1384.
PLEASE SEE OBSERVATIONS MENTIONED IN THE CHART.
RADICO IS TRYING FOR A BOUNCE TO REACH 358 / 373 LEVELS. STOP LOSS, PLACE IT AT 332. (IT HAD MOVED WITHIN THE CHANNEL OF ARC TYPE & TRYING TO BREAK IT)
AS PER MONEY FLOW INDEX, IT IS IN OVER BOUGHT LEVEL. MAY REACT DOWNWARDS TOWARDS THE TARGETS, AS SHOWN IN THE CHART. TAKE DECISION FROM THE DIRECTION AT 'DOJI'.
4H & DAY CHART INDICATE BULLISHNESS IN DELTACORP ONCE IT CROSSES 249. THIS SHOULD SEE THE TARGETS OF 258. PLACE STOP LOSS @ 239.
ITC IS READY TO TEST THE RESISTANCE AT 312. ALL THE BEST FOR ITC TO REACH 322 TARGET ALSO.
PLACE BUY ORDERS IN THE 7143-7273 ZONE. TARGET 7900, WITH 6999.
LUPIN CAN BE SHORTED FOR TARGETS OF 775 / 760, WITH STOP LOSS AT 822. FROM THERE, IT SHOULD REVERSE TO HIGHER LEVELS OF 930. THIS IS BECAUSE IT IS STILL WEEK IN DAY AND WEAK CHARTS.
THE LEVELS ARE MENTIONED IN THE CHART. BULLISH IN BOTH DAY AND WEEKLY CHARTS.
OBSERVE THE H&S INSIDE THE RIGHT SHOULDER ALONG THE TREND LINE. FOR LONG KEEP STOP LOSS AS TODAY'S LOW PRICE - 1340.