After a prolonged bear market, D B reality looks like reversing. Investors can look at this counter for investing. Apart for technicals, If we look at fundamentals a) With RERA , GST, demonetization the entire real estate will function more effectively. b) Promoter has come out of 2g scam. c) Good land bank, trading much below book value.
1. promoters holding has gone up. 2. Restructuring underway. 3. Technically looks like after abc decline, we are in new uptrend. With wave 1 and wave 2 being complete. worst case we might still be in wave 2. whatever may be the count. wave 3 rally is due. fib rules gives us a target of 151 for wave 3. 4. Both from fundamental side and technical side, this looks...
This is weekly charts of zodiac, When we observe the daily charts, we can see that 4th wave of c is in progress, with 5th wave likely to come to 192-190 levels. Investors should look to buy around 192 levels with a stop loss of 174, we are likely to get a move towards 260 levels, At 260 levels one can evaluate weather to hold or exit. For now consider buying at...
Buy @25, stop loss 23, target 32-33
The risk reward looks very favorable, Hence posting this wave count. Remember the overall market is overbought and hence the stock needs to be constantly monitored for changes in wave pattern. for now we go with what we see. Stock likely to consolidate between 682 to 650 for few more days. Any decline closer to 650 should be used to buy. stop loss should be at...
Chart is well labeled Adani enterprises is likely to find support around 136 and move above 144, stop loss should be at 132.75
Chart and description has all the explanations. Stop loss 3035, entry 3070-3080, target 3200 if trend line crosses ...then 3400 also possible
The wave pattern in CESC suggest that we are in 5th wave of C. It could end anywhere in the region marked in blue rectangle. Once done , we might see a decline to 790 levels. One should use lower time frame to identify trade setup. as of now the stop loss is too far to take a trade position based on daily charts.
If 1915 doesnot cross , this stock is headed for 1730 levels. Complex corrective pattern under way, current in c wave of Y
If 260 doesnt cross, then has a high probability that this stock can head to 230 levels
The stock has been making higher top, higher bottom, one of the easiest set up to trade. The fall from top appears corrective. if you can accumulate at 1630-20 levels. with a stop loss of 1600, one can target 1760 levels. good risk reward
Granules has resumed its up trend today, Wave pattern suggest it is in 5th wave. Currently within 5th wave , 1 and 2 is over and 3 has started today. This upmove could target 166 levels. Lets see how it goes
It appears that asian paints is forming a traingle .If true the stock is likely to get resisted at around 1165 levels and will move down 1090 levels to complete the pattern. Once the pattern completes , we should see a resumption of up trend
abc down move done, next should target 367. the correction took support exactly at 50% retracement level. in hourly charts we are seeing wave 1 up, wave 2 dip to 333 to buy with stop loss of 327, target 367
Short term we could see a move to 65.20 levels , but monthly charts suggest a price move to sub 59 levels
Silver is a creaming buy on monthly charts , should target 22 levels. use lower time frame to spot entry levels.
If 49.14 crosses then expect 83 once 49.14 crosses , 42 should be the stop loss