NSE:TDPOWERSYS As per price action Buy between 140 to 160 Possible Targets - 200 T0 231 Its price action based study
Tata chem Loooks Short candidate. tata Chem us showing weakness here, with RSI divergence
LONG WIPRO Very Good retraccement with RSI divergence It is good time to accumulate stocsk
Lupin may move till middle of channel in coming weeks as it has taken perfectly support from last 3 days ,at lower side of parallel channel. Expected target will be 675-690 in coming week.
Metal sector is one sector which is showing some positive move.Specially Hindalco.Stated targets on chart.
Nifty hourly chart shows strong support with hammer at bottom .. MACD is crossing up...It may give 0.5 to 0.618 % bounce for short term period only. 17900 to 18020 ..
Elliot waves on nifty 50 Nifty created 5 wave structure
As per todays volitile move , we can see some good bounce in banknifty . Bullish divergences seen in RSI and MACD in 15 min Time frame. Be watchful on Mondays opening.
PEL is on verge of BO. Targets marked on chart. If it breaks above 2680 and sustains above then go long in PEL
from 20 th Dec , nifty spot is moving in a channel. Low of 20 th Dec, yet not broken. we may consider its bullish rally or say prebudget rally. 250 points away from its ATH.
Today , it crossed 694 strong resistance with volume. Immediate target will be 729 . If it crosses 729 then 775 which is its ATH. Weekly, monthly also it looks strong bullish.
Today Canfinhome had BO previous 613 strong resistance. Heading towards 675 ,its strong resistance.
3RD WAVE SETUP in Snowman logistics Long view with 200% targets
Immediate target is 8360.Possible targets are 8760. previous strong resistance of year 2018 is above 9000.
Bank nifty Elliot Wave Ellliot wave structure in bank nifty
SBILIFE is at 1272 level which is nearer to its ATH 1273.90. RSI is above 65 in daily, weekly, monthly timeframe.
nifty metal index is looking strong bullish. It broke previous strong resistance
As NIFTY METAL is strong bullish, breaking TL in daily time frame.VEDANTA ,as per daily time frame.