Tata power may have made a short term bottom today at 313. now it can do 2 things: First it can directly go high from here to 383-85 levels keeping stop loss at 302 below closing.. else it can waste some time here & consolidate in this range for sometime then go higher.. either way good to buy near 315-20 zone keeping 300 below closing as stop loss.
Wipro is at cloud support on monthly charts & this could be taken as a great support for a big move. Can keel stop loss near 388 levels for target of 470 -540 & further new highs in long term.
Itc may have completed 2nd wave & will start a new if lows are maintained.. Keep stop loss of 438 or 436 as per you risk appetite for targets of 457 - 470.. will look charts further after that
Sun Pharma can start a new rally foe new highs if hold these levels around 1100-1110.. Will update
Jsw Steel Can start a journey to new highs from here if lows of 773 are maintained.. Will update on any movement
Sbi can climb up from here if holds 586.. cn buy in range oof 586-589 with 582 as stop loss for 600 620 targets.. Only taking trade for high risk reward
Hdfc bank may have made a short term top at 1652.. Keep stop loss near 1656 closing basis for targets of 1615 & 1595..
bank nifty may have made a bearish bat.. Can sell near top for diff fibo level targets.. most probably .38
Nifty can be sold near 20085-95 zone with 20112 as stop loss for 19870 & 19770
Icici Bank may have formed dragon harmonic pattern.. Can buy near 970 cmp for targets of 995 & if exceeds for 1047 with stop loss at 958 or 950 as per you risk management..
Rec is in the process of forming a harmonic.. a little late to share but can buy in 236-238 range with 234 stop loss for minimum 254
NMDC seems to have started a trending bullish move for much higher targets.. Try to accumulate in the zone of 115 to cmp around with stop loss below 110 for much higher target of 160 194.. I will update on major reversal levels
MCX Silver may have started a bullish move to 85000 around now.. Wave counts & harmonics made for a bullish movement for next 2 months.. Stop loss can be kept around 69000
natural Gas may have started a bull move while completing a set of 1 2 1 2 1 2.. most fierce move should start soon.. Stop loss near 204 levels for target of 242 260 289
Icici Bank correction can continue if doesn't gets above 896 zone.. Downfall can be big till 800 730 630 levels..
Nifty has formed a bearish bat pattern id stays below 17750.. Also Cloud resistance can be seen on daily on ichimoku. Drop can come to 17350 200 levels stop loss 17750 above
Bank nifty seems to form bearish bat pattern at 41270.. Sell in the range of 41270-350 if comes.. Stop loss 41500 Target minimum 40800 .. 40500 40000
On weekly Charts nifty looks at suppor on cloud.. Looks like can give a reversal from here.. Buy with stop loss of closing below 16850 or 16950 if less risk.. targets 17350 17630 17890