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Bank Nifty Future seems to be consolidating in wave 4 of a triangle after the high of 39794 made on August 19. It looks like wave (A) have completed at 37991 on August 23 and wave (B) has either completed at 39490 on August 25 or is still in progress. 39400 is 78.6% retracement of fall from the high so that should be a good area for wave (B) to end. Once wave (B)...

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Stock is in minor degree wave (iv) correction which should get over around 350-340. Accumulate in the range of 370-350 with SL 310 for targets above 550, 600+

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Super Cycle wave (1) completed around 290 high in Feb 2008 and wave (2) which looks like a corrective double zig-zag ended at 20 in March 2020. If it is over, super cycle wave (3) will push the stock to record new highs may be much above 250+. Currently, it looks like it is nearing channel resistance which might put some pressure in the short term but that...

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BPCL is in wave (5) of 3 of supercycle degree which gives targets above 600. The count will be invalidated if 325-300 stop-loss is broken. Start accumulating on every dip for the long term. CMP-393 TGT1-600 TGT2-800 SL-300.