WaveTalks

WaveTalks

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Last Price@160 PNB on fire with the cypher right at the bottom@157 where we booked partial profits yesterday in 2nd downside target. Target -164 - 176+ Trading Plan Moving above 158.50 -159 it will show its way for upside & we got an opportunity back again with volatile action close to 157-158 just within last hour of trading protecting 156 on downside. We...

WaveTalks

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Tata Motors - Last time I left at 464 & returning back again with bullish butterfly which is with volumes happening in 440-445 Zone. Some accumulation is going on in the pattern. Trading Plan Moving above 452.50 gives us 1st clue & later moving above 455-456 zone can confirm even further that Tamo wants to move upside. Volumes happening in the zone 440-445...

WaveTalks

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We continue with ALBK (Allahabad Bank) as suggested in the previous post that we can plan to buy ALBK if it comes close to 65-66 Zone- Traders should look to buy if it remains above 65 which was our stops downside I have updated previous post twice when it was close to 65-67 Zone - Please say - "khul ja sim sim" the magical door opened & obliged us by holding...

WaveTalks

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Bearish Bat can activate below 161 for 159- 156.50-154.50 & finally 152. My important part of trading is risk management -if you can manage the risk you become winner in the trade. So, trade set up activates below 161 & one should put stop loss of upcoming high or high which is already in place above mentioned targets.

WaveTalks

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158-160 Zone is very important. Once double of 167-168 Zone is crossed safe traders can jump. Harmonic Traders can look for support in 158-160 Zone as suggested in previous post. Gartley Result from 167 to 162- very close to 158-160 Zone Cypher Result from 153 to 167

WaveTalks

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Pattern Invalidates above 119.50+ . As suggested in previous update mentioned below in morning, which is running for federal bank- looking for a small pop up to 119.00 - 119.50 zone. Wow! There is a bearish gartley which can play it's role if it remains below 119.50 for targets 117.80- 116.70 & below 116.50 as per previous update 114.50- 115 zone. Previous...

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Once Infosys travels to 984-986 Zone & faces resistance in next session. When to execute the trade Fist we need see Infosys moving in the zone 984-986 & facing resistance - means getting tough to move upside as first requirement - later once it starts moving below 980 mark then Traders can take sell position with stops above 991 or day high stops for 24th...

WaveTalks

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Below 116.50 - it could fall to the support of 114.50-115 - If holds shown by small red arrow & later getting support of red trendline & gartley last leg attraction can push the structure to 128-130 zone as the possible target zone which can be seen in coming weeks & months. We need to see support coming in 114-115 zone for the last leg to push up & kiss the...

WaveTalks

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Bearish Bat at 2500. If TCS goes below 2490 - I shall be looking for target 2465-below 2465 for 2430 -below 2425 for 2400 & below 2400 -can be 2345. Stoploss above 2516 ( 1 point above X- level)- In first place once it dips below 2490 - it should not bounce above 2500 which will early signal to be cautious in the trade else we enjoy 2465- 2430. Candlestick...

WaveTalks

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Head Shoulder Pattern. Trading below 1559 for 1535-1540 short term target below blue dotted line which is neckline & then bounces upside between 1615-1630 to form right shoulder & then check -if you get a fall holding 1630-1640 levels upside for 1250-1290 Zone as the target downside in coming months & years ahead. For Long term Targets of 1250-1290 - it should go...

WaveTalks

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As suggested above 402 - we shall look for final push to 425-430 Zone. It was hot trade for the day & look it got resistance exactly at 430 - started falling back. Bharti Airtel - The final push for 425-430 zone.

WaveTalks

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07:10 Hrs 28th June2017 Last Price@280 Edgbaston, Yuvraj & Hasan Ali- did I miss something. Oh, it’s a straight drive from the Yuvraj Singh’s bat down the ground in one of his 8(eight) fours of a near yorker from paceman Hasan Ali- what a way to start champions trophy 2017. 17 years – 2017, playing his 272 ODI in Edgbaston, followers of Yuvraj expecting to get...

WaveTalks

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Famous tag line from a company which makes end result sticky. Fevicol level of 155 - not once it stopped - stops 4 times including an earlier occasion of 155. It is a triangle which has formed if 150-151 zone is holded next then we look for 157-158 as next target. Target -157-158 Holding above 150-151 zone next. Googly or Doosra Magic of Googly -yet to...

WaveTalks

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Current Price@401.50 Time- 13:25 Hrs, 11th July2017 In previous update suggested to sell below 325 which did not activate & bharti pushed again upside to new highs of 410. Trading Strategy In next few sessions, if bharti holds the zone of 397-402 -Takes rest means gets good support in the desired zone as mentioned & starts moving above 402 then likely we...

WaveTalks

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WE WON’T MAKE IT.’ ‘No, wait, should we?’ ‘No, we won’t.’ ‘Well, let’s make it!’ This probably was the conversation that took place before Jaguar came to the conclusion that an SUV is a must in their portfolio. Hence the Jaguar F-Pace The immaculate designing skills of Ian Callum & his team won’t stop with F-pace as it gets ready to launch E-Pace. E-pace packed...

WaveTalks

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As I always say have patience in trading & you shall get rewarded later. Bullish Butterfly in 355-357 zone likely it should hold between 355-357 or if it goes below 355 Then look for prices to hold above 350. You need to see reversal happening above 350 levels - any move below 350 levels(stops below 350) -this pattern becomes invalid. Target - 365 -...

WaveTalks

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Job done below 142 for 135- Slightly surpassed & made lows of 132-133 & Googly returns back at 154-155 -an important resistance zone. Trading Strategy Moving above 155 - we will have bullish scenario or wait for pullback in the zone 142-144 - the breakdown point as suggested in earlier update for target 135. We will look for a support in 142-144 - "if...

WaveTalks

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Looking for a pullback in 158-160 with the bearish gartley. Trading Strategy Risky Scenario - Look for a bounce from current levels of 165 close to 167 -taking care that 167.50 is not taken out on upside - in that case keeping stops above 168 - traders can sell for 158-160 Target Zone Safe Scenario - Wait for the bounce to recent high of 167 -here it...