Wave C unfolding Strength indicator showing Positive nodes Sl can be kept below 143 Tgts of 151/158 expected
Sell Area - 7980 - 8000 Sl - 8030 Tgt - 7650 Pure price action game
If sustains 58000 Will stop definitely at 61500 next Av Buy rate near 58200 - 58300 Sl 58000 Tgt 60000/61500 Risk to Reward - Excellent
Wave 3 emerging Expect a small pullback till 620-25 levels Sl below 600 Tgt upto 715-725 Buy on Dips !!!
Expect a lil resistance at tis point but if crossed, can lead towards 120 - 135 108-110 is a strong reversal zone so be cautious
Stock gettin ready for wave C Buying area near 3980 - 4000 Sl below 3950 ( 30 Min Candle ) Tt 4200 +
Currently in HL formation Break & Sustain above 580 will take the stock to 645/720 levels SL below 560 levels
Bullish Only if it closes and sustains above - 2190 Bearish only if it closes and sustains below 2140 Both are also SL for each other
58000 acted as a strong support before High chances are it will act as a strong resistance this time So sell near area 58000 Sl near area 58150 Target around 56000
As market remains on High volatility side and uncertain, make plans in few stocks but make sure to plan it for all conditions One such example today is Bajaj Finserv Plan A - (Strong Market) Break and Sustain above 12050 will take the stock up to 13k Plan B - (Sideways Market) Unable to sustain resistance of 12k will bring the stock back to 11300 Plan C - (Weak...
Not falling with the market Standing tall within the range of 30 Rs (2130-2160) Downside seems limited Upside possible only if it sustains above 2160 With SL below 2130 For targets around 2250/2325 Keep an Eye !!!
Low risk high reward buy call Stock not able to break a low of Rs.2.00 from past 30 days A classic wedge pattern formation with triple bottom Risk to reward looks excellent Not recommended to hold below Rs.2
Area of High Confluence - (2150-2200) Fibb 61.8 % retracement area If sustains for long can give an upmove back to 2350 area If breaks and sustains can head south upto 1900 area
Currently in Head & Shoulder Pattern Bearish only below 750 area Targets up to 660 areas Wait for breakdown and pullback
Stock not ale to cross 415 Multiple rejections seen at high Distribution Phase over breakdown below 400 will take the stock ack to 350 levels Sell recommended at any pullback near 400 with SL above 415
Stock broke an Imp support of 2200 After long consolidation and making double top Imp trendline also broken Near term target of 2100 - 2000 possible
Volume expansion seen past few days Recent support of 163-166 was broken but reclaimed back quickly This shows buyers conviction If breakout happens then it can be bought with SL of support area and targets of 210/240 can be seen again soon
Current bias is bullish After recent breakout stock currently in pullback zone 1840-1880 seems to be a good range Break and sustain above 1880 will take stock back to 2K levels Risk to reward seems excellent