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Probable upmove coming in IDEA
IDEA
, 60
Long
IDEA: Probable upmove coming in IDEA

It is clear from the chart that IDEA has already made a symmetrical triangle pattern And broke that with a strong bullish candle (Proving strength) Now it made Flag & Pole pattern. Which indicates a swing trading opportunity upto 9.35 - 9.50 level. (On the tine of publishing idea LTP was 8.8). SL 8.20 is a must. And also the stock is at strong support on...

Expected correction in united spirits (McDowell) up to 780 level
MCDOWELL_N
, 1D
Short
MCDOWELL_N: Expected correction in united spirits (McDowell) up to 780 level

wave 2 is between 0.786 and 0.618 level of wave 1. wave 3 is exactly 1.618 times of wave 1. wave 4 started from 925 level, according to elliot wave theory it should retrace upto 780 levels. Which provides us with a good shorting opportunity. For additional confluence:- divergance spotted in MFI indicator (oscillator is making lower high but stock is making...

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