ThinkingAlts

ThinkingAlts

"C" wave. short till 7.6k , 7.2 it can go till

ThinkingAlts

At the end of 4th wave. Good support at 480 levels. High chances of upward swing from here. stop loss at 460. Loosing steam in volumes is a good sign of shorters getting tired.

ThinkingAlts

RSI showing bullish divergence in hourly charts Go long for upto Rs. 40 upwards from 330 levels On the longer timeframe, entering 3rd wave MACD showing strength

ThinkingAlts

1. Buy and hold till blue MACD line crosses red line on downside for the second time, at around 14 2. RSI is above 70 3. Histogram dosen't make higher high 4. 8DMA is about to fall, from a steep rise 5. Elliot wave is completing its 5th wave. 6. Stop loss - 305.

ThinkingAlts

Target 1560 (Elliot wave)

ThinkingAlts

With current volumes and moving average cross overs, it seems likely that this stock in short term is about to touch 215-216 levels. A short term resistance at 170-172 levels need to overcome though.