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.
Bank Nifty is completing triangle in Wave B which could end around 41200-41300 & can start next leg down in Wave C which could be good short trade. 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.
Hindalco a positive day close would confirm decline in Wave A is Complete & a bounce in Wave B could take it back to 440-450 levels.
Hind Copper needs Weekly close above 111 to gain Momentum which could take it back to its high of around 190+ keep a eye on Copper it should not breach 3.9 Levels in Comex now.
ABFRL needs this Week Positive close to confirm this correction is over & Pull back has ended near to Wave 4 low thats makes this setup more lucrative for Investors.
Nifty Can pull back to 17484-17554 levels in Wave 4 Sequence looks incomplete so a last dip cannot be ruled out.
Redington needs to hold 160 levels to keep this counts valid & a day close above 183 will gain momentum. This Stock is in Larger degree Wave 3 so keep riding the trend.
Tata Motors shows a clear Impulse Up move followed by corrective pullback in ABC or it could be double ZIGZAG confirmation will be day close above 437 for 3rd Wave starting.
Nifty is pulling back in Wave 2 or Wave B down towards 17750-17650 untill it keeps below 18265
NG can bottom around 3.55 (Wave 4 low)-3.27 (78% fall of previous impulse)