TradingSutra

TradingSutra

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...

TradingSutra Updated 

Buy on dips near the level of 770 , keep sl of 740 and look for the target of 840/870's .

TradingSutra Updated 

Voltas is forming a bearish impulsive move. one should sell on cmp with SL of 1032 for target of 1000-998.

TradingSutra

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.

TradingSutra

Stock is moving in an impulsive wave. Buy on cmp with sl of recent low , for tgt of 1130/1160

TradingSutra Updated 

parallel channel with impulsive looking fall. One should sell the stock on current levels & add on rise . The target should be 1710/1690/1675

TradingSutra

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.

TradingSutra

A breakout from a FLAG PATTERN with large volumes. Sustaining above 375 , stock will move to towards 435/475/490 zones.

TradingSutra

Rounding bottom formation & a breakout above the neckline area. One should go long with sl of 116 for tgt of 170

TradingSutra

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.

TradingSutra

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

TradingSutra Updated 

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.

TradingSutra

A long term down trend line break, A horizontal resistance broken and retested. Stock is moving up in an impulsive wave. one should buy the stock on cmp & look for the tgt of 480/580 zone. Stop loss should be 330.

TradingSutra

Tata motors appears to be having an Expanded flat correction. Sell on rise with SL of 335 for target of 290-85 zone.

TradingSutra

BULLISH TRIANGLE : 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...

TradingSutra Updated 

An impulsive move of 5 waves up & a 3 wave correction, suggests that GBPJPY is ready for another impulsive wave as a wave 3 . one should buy the pair on current levels with SL of 153 for tgt of 155.2

TradingSutra Updated 

Sell UPL with sl of 820 for the target of 775/760. Stock as formed a lower low lower high sequence , one should look for a corrective downside move.

TradingSutra Updated 

As per the current wave structure wave 4 has been registered. One should buy this stock with minor sl of 3090 & look for target of 3300/3350/ 3450.