Wavozen

Wavozen

Reason for long a) Consolidation breakout b) Pull back set up c) Long above PDH d) Weekly breakout e) Two month breakout f) Volume burst g) SL compulsory Duration 7 days only

Wavozen

Reason for long a) pole and flag set up b) good risk reward zone c) Sector support d) W formation ( Double W formation) e) SL compulsory Duration: 3 months a) Bajajfinserv also in same set up

Wavozen Updated 

Reason for long a) Completion of ABC corrections b) Pull back set up c) Fundas okay d) Long above PDH and first 15 min breakout e) SL compulsory

Wavozen Updated 

Reason for long a) ATH Breakout b) Triangle breakout c) strong momentum d) Weekly breakout e) POC breakout f) SL compulsory g) Nifty support for long Duration 2 weeks expensive valuation

Wavozen Updated 

Reason for long a) Open=low set up b) Possibility of double HSP c) Long above 74 d) Tl breakout e) Engulfed 4 day high g) SL compulsory

Wavozen Updated 

Reason for long a) W formation b) POC breakout c) Entry criteria : Above PDH d) Awap Support e) SL compulsory

Wavozen Updated 

Reason for long a) Pole and flag set up b) Engulfed 5 day candles c) weekly pin bar set up d) Any Support of Nifty enhance another 2% upside potentials e) SL compulsory f) Duration 2 day only

Wavozen

Reason for long a) valuation are good b) Good financial strength c) P Score is 8 (high(>7) is good and low is poor) d) Any recovery from economic characteristics induces good bounce from low f) Duration : 3 months g) SL compulsory

Wavozen

Reason for long a) pull back set up b) entry at entry point only c) SL compulsory d) Triangle breakout e) POC Breakout

Wavozen Updated 

Reason for long a) ATH Breakout b) Good Risk risk reward zone c) Fundas are good d) SL compulsory e) For intraday target of 3 to 5 % with 3 to 5% as SL f) Entry criteria : after first 5 min break towards upside

Wavozen Updated 

Reason for long a) Triangle breakout b) W formation c) SL compulsory d) POC breakout e) Pole and flag set up

Wavozen Updated 

Reason for short a) Adani centric SEBI and Hindenburg allegation news may drag market overall sentiments towards negative side b) SL compulsory c) Any gap down more than 2% invalidates the set up d) TST Set up

Wavozen

Reason for long a) HSP Breakout b) Triangle breakout c) vwap breakout d) weekly breakout e) Q results okay and good financial strength g) Motilal buy brokerage firm buy rating h) Stock is in PE buy zone i) Affordable valuations h) SL compulsory Duration 3 months, if SL not hit

Wavozen Updated 

Another 10 to 20 % left to form monthly channel

Wavozen Updated 

Reason for long a) Big event of the nation is parliament election and this brings us the Euphoric move in small cap index. b) Pole and flag formation induces to move another 22% as exhaustion candle in next 90 days. c) Any fall is long in this scenario till May 2024 d) But this is one of the risky investment in stocks, but one can consider long in small cap etfs.

Wavozen Updated 

Reason for long a) Triangle breakout b) Price up during market down representing the strength of buyers c) Weekly breakout d) Increasing volume e) Channel support g) SL compulsory Red flags are resignation of CEO and frequent replacement of Chief financial officer another red flags are quick jump in sales growth

Wavozen Updated 

Reason for long a) Triangle breakout possible b) Frictional Fundamental Force c) Pe less than industry average PE d) channel breakout possibility e) Price above POC f) SL compulsory Duration : 1 month

Wavozen Updated 

Reason for long a) Breakout pull back set up b) ATH Breakout c) Functional Fundamental Force : High financial strength, mid range valuation, technically moderately bullish and price is in strong PE buy zone at 4000 level. d) Market leader e) SL compulsory