Not a trading advise. pls do your own research.
Target of 998 (200 DMA and psychological level of 1000). High probability of hitting the target tomorrow, depending on what level it opens, trade can be initiated.
High probability of some up move, magnitude difficult to predict but would be between 10-15% if overall market sentiments remain positive.
Cypher pattern on Dow futures
Will #DJI make bearish Cyper pattern by end of day.
Nifty headed to 9600
Elliotwave pattern on hourly chart identified.
Bullish on bank nifty.. target 25 K
Monsanto India is showing bullish pattern on chart and likely to touch 2565. Agri reforms will be positive for the stock.
Rallis India made a triangle patter and likely to hit 256 soon on back of the agri reforms announced. The stock has shows good recovery from the recent lows and my hypothesis says it will keep going up till 256.
Target of 115
Atul ltd has currently taken support at 4500 but seems it will break this and reach 4250 or 4000 before continuing the larger up-trend. Would wait to see the consolidation play out before initiating any fresh buy positions.
Hindustan zinc has made a cup and handle patter and is showing signs of up move after the breakout. expecting it to touch 230 within next month. Although the performance will depend on the commodities prices.
GMM Pfaudler likely to give an up move of about 21% sometime within May.
Asian paints has completed 5 waves. now moving towards A. Expecting a further fall till it recent lows with next week before rebounding to C.
Has completed 5 to A. Next journey from A to B an then will correct from B to C and fill the gap. Target @ C = marked on chart
Recommend short on WTI at 30.25. Its about to complete its 5th wave which also coincides with its resistance. Early Next week is expiry and we could see a sell off.