Sell TCS with SL of 325 for target of 3050 , below 3000 it can slip to 2900 level.
Formation of descending triangle . No long till the level of 1850 cross & holds successfully by the bulls. One should Sell kotak bank with sL of 1830 for the target of 1750/1680 .
After a sharp decline followed by a consolidation in a triangular structure , hindalco seems about to give a zigzag correction. As per the triangle structure one should sell the stock with SL of 402 and look for the downside target of 365/345 zone .
Buy with SL of 119 & look for the target of 130-135 / later 140
After a long consolidation for almost 6 months , finally the stock has given a breakout of the triangular structure. Assuming wave (e) completed around 1655 , Indigo is ready to give an upthrust out of the bullish triangular wave. One should buy the stock on cmp and add on dips (if any), maintain the SL of 1655 which is the area of wave(e) and look for the...
Buy the stock on cmp , add on dips till the neckline, maintain the SL of 230 & look for the target of 330/375 area.
Buy with sl of 1800 closing basis for target of 1950-1965 region ! Be careful as this is the terminal thrust for the current trend.
Sell with SL of1.41850 for target of 1.40200
A formation of Bullish Triangular wave can be seen on the charts of IGL. One should buy the stock at cmp keeping a stop loss of 486 and look for the target of 430/460 & above. The final confirmation of the pattern is above 430. only aggressive traders should buy on cmp while the safe players should wait for the closing above 430.
Buy with sl of 153 tgt: 168/180
Heavily bullish above 1020 for the target of 1100/1120
Buy on cmp , with SL: 320 tgt: 400-410
Buy on dips keepin SL of 138 and look for the target of 165.
Holding the neckline go long above 385 keeping SL of 360 & look for the target of 400/420.
After a long consolidation, stock has successfully broken the resistance with big volume. One should look for buying opportunity near the neckline which should act as a support and look for the upside targets. Investment strategy: Buy cmp , add on dips near the neckline , maintain the SL of 1050 and look for the target of 1340 (measured tgt for cup & handle) ...
after a zig-zag correction the stock has given a breakout over the channel . One should buy the stock from the current level maintaining a SL of 380 and look for the target area of 435/460.
Sell on rise near 225-30 region with sl of 238 or sell below 210 keeping SL of 230 AND look for the target area of 195/175
After long term correction, stock has given a breakout of a long term downtrend line & restested as well. On observation we can find an inverse Head and Shoulder pattern. The prices has given a breakout above the neckline of the inverted H&S with strong volume on weekly chart. On the perspective of wave analysis, we can clearly count the up move from the bottoms...