Natural gas has 5 wave rise now it should hold 2.35 levels if its starting series of impulse. Trade idea would be wait for positive day close & long with swing low Stop Loss.
Kopran is a pharma stock so this sector behaves very different from main index but we have seen a 5 wave rise from bottom holding 140 next leg of up move can start soon.
Delta corp has deep retracement & made a ending pattern in fall now 5 waves rise is about to complete a negative day close would mean pull back in wave 2 which could be great opportunity for next leg of up move so keep this stock in radar for now.
HIL has clean 5 wave rise after 70% retracement of rise from Covid bottom & ABC pull back in Wave 2 now its starting Wave (1) of 3 up so long way to go 1st target around 3100-3500.
Wipro has clean 5 wave rise we can expect minimum 422-448 in next leg up risk reward is very good for this trade.
Godrej Prop has retraced 77% of WAVE 1 of 3 so we will can at least expect 1.618 times extention in Wave 3 which implies prices are heading towards 7700 levels in in 2-3 years. SL 1005.
BPCL has completed triangle in wave 4 of long term so wave 5 can reach 1400 in next 4-5 years.
Biocon on long term count has either completed wave 4 & started wave 5 up which can reach 780-1060 levels or its forming triangle in Wave 4 of which wave A is complete & we are rising in Wave B Up so in both cases prices should remain bullish as the moves unfold we can decide if its impulse or counter trend move at least a move towards 374 is possible in wave B...
GSFC the moves are impulsive we have first 9 Waves up it could further subdivide in 13 waves will have to wait but any pullback to 155-147 will be good add zone for long term investment. I am not a SEBI Registered Analyst please consult your advisor before investing charts shared for education purpose only.
Reliance after a 5 Wave Rise from covid bottom has completed a double Zig-Zag as WxY & now starting a new impulse which indicates new records could be set by this company in next 2 years Ril can cross 5000 levels investors can go long with SL at 2180. I am not a SEBI registered analyst please consult your advisor before investing chart shared for education...
Infy is about to complete correction on larger scale from here we can expect at least 3 waves bounce first confirmation will be daily positive close & weekly close above 1300 would see lot of interest from investors.
Nifty is trending down & oversold on short time frames a pullback towards 17350-17400 can be good short entry. I am not a SEBI registered analyst charts shared for Education Puprose
Nifty is heading to 16950-16800 to complete Wave (C) in double Zig-Zag.
Hindalco can rise to 436 levels to complete Wave C of B which should be followed by Wave (C) down so we would trade this setup on short side when the pullback is complete.
If you want to make money in stocks chose boring if you want excitement travel to a casino RCF has broken out of decade long triangle & rise from Covid bottom is a clear impulse & this stock has already started Wave 3 so a 10% risk from here gives us a target of 300% rise a good RR trade. I am not a SEBI Registered analyst charts shared for education purpose.
This Stock has done a golden ratio correction of the rise from Covid bottom & we have seen a 5 Wave rise from lows. The rise from covid lows to highs was a clear impluse & correction was in 7 Swings which makes it a ideal Wave 2 ending exact at 61.8% levels so if the stock is starting Wave 3 we might see this stock do a 5x. I am not a SEBI Registered analyst...
Sugar as sector is also looking strong & Wave 3 of 3 is about to start a day close above 371 will confirm any pullback to 348 levels will be good long trade. I am not a SEBI Registered analyst chart shared for education purpose.
Nifty has completed 5 Wave decline in Wave A of Wave (Y) so we are doing a 5-3-5 in Wave (Y) so all rise should fail in 3 or 7 Waves till we are below 18135 for next leg lower around 16600-15900 levels. I am not a SEBI Registered Analyst Charts are for Education Purpose i am not liable for any profit or loss for ideas shared here.