Formation of an impulsive wave having 4th wave already completed. Currently the stock is trading in the 5th wave which is expected to be completed in the zone of 35-34. The idea will be invalidated if the stock sustained above the level of 86 till then it is sell on rise candidate.
analysed levels mentioned on the chart
After an impulsive action, The stock needs a correction. Analysis mentioned on the chart.
SBSS : SELL - BUY-SELL-SELL PLAN A- Sell with a stop loss of 210 for target of 192. PLAN B- Buy newer 192 with a stop loss of 185 for a target of 206/213/225. PLAN C- Sell again in the zone of 225-227 with stop loss of 232 for target zone 192/182/158. PLAN D- Sell again if prices breaks the level of 150 & sustained for the target of 130/120.
Formation & breakout of H&S pattern. Sell close to the neckline for a target of 8500/8200-8175. NO SELLING If prices crosses the level of 9125 & sustain. So take the level of 9125 as a stop loss on closing basis.
POSITIONAL SHORT FOR A TARGET OF 22$ SUSTAINING BELOW 22$ IT WILL LEAD TO 15$ /7$
Buy for a target of 335/345/350. maintain SL of 305
BUY on any dip for a target of 1500/1530/1550 with a Stop loss of 1400. This will be a wave B .
SELL ON RISE IN THE ZONE OF 680-85 ZONE KEEPING STOP LOSS ABOVE 700 FOR A TARGET ZONE OF 630/610
The consolidation near the range of 74.5-75 showing that the pair is still have some room left on the upside for a terminal thrust as a wave 5. Create your position as per mentioned analysis.
completion of the corrective wave ABC . Sell in the range of 2200-2300 keeping SL of 2380 on closing basis for the downside targets of 2000/1900/1750
play for the last 5th wave of current running wave for the level of 11000 .