Stock has given a breakout in previous session & in today's session it has given closing above the previous resistance, confirming the breakout. One should go long on cmp with sl of 900 for tgt of 1000/1050.
From the highs of 1125 made in june 2021 , stock had given a fall to 984 levels & then rebound in a choppy manner to the level of 1080. Right from there we have seen an impulsive fall & stock has broken the support zone of 1000. This level will act as resistance & stock will likely to fall further and will reach to the zone of 940-20 again. One should short...
Stock has completed its 4th wave & is ready to move in higher for 5th wave. Sustaining above 1440 will bring the prices up for the tgt of 1500/1550. even higher. One Should buy the stock with SL of 1380 for tgt of 1500/1550
STOVE KRAFT: Very nice impulsive move , buy on any dip near 730 keeping a SL of 680 & hold for the tgt of 960 . Long term investor should hold for higher tgt of 1100-1200 .
CRUDE OIL: EDNIGIN DIAGONAL : MY FAVOURITE ! Go long with day low SL 67.5 $ for minimum target of : 70.85 $.
AXIS BANK is forming a corrective structure . One should go short with the sl of 745 for the tgt of 680/650/630.
Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above...
Buy on dips near the level of 770 , keep sl of 740 and look for the target of 840/870's .
Voltas is forming a bearish impulsive move. one should sell on cmp with SL of 1032 for target of 1000-998.
The stock is forming a pattern of FLAT CORRECTION and currently is in WAVE- C . One should short the stock on cmp with SL of 840 for tgt of 770-760 zone. As long as stock is below 853 , it is bearish for short term corrective move.
Stock is moving in an impulsive wave. Buy on cmp with sl of recent low , for tgt of 1130/1160
parallel channel with impulsive looking fall. One should sell the stock on current levels & add on rise . The target should be 1710/1690/1675
After an impulsive rise followed by a long term correction stock has give a breakout of the long term downtrend line & is trading in an impulse channel. The current wave can be a 3rd wave. As of now one should buy the stock with SL of 149 for tgt of 329/380 zone.
A breakout from a FLAG PATTERN with large volumes. Sustaining above 375 , stock will move to towards 435/475/490 zones.
Rounding bottom formation & a breakout above the neckline area. One should go long with sl of 116 for tgt of 170
After an impulsive fall, crude oil is looking weak & vulnerable to break the recent low. One should go short on crude oil on current levels with SL of 74.9 & look for the target of 70.5-70.2 $ area.
After a 12345 impulse , there should be a three wave correction. Based on the current structure, sell natural gas in the current range 275-76 with SL of 279 for tgt of 268/265
Stock is rising in an impulsive fashion , as wave 12345 with wave 4 as triangle. One should go long on cmp, with SL of 1547 for the minimum target of 1592 & above 1592 look for 1625/1655. NOTE: wave 4 in an impulse suggests that trend is going to exhaust soon after a new high. One should be very careful and book profits early.