mkithan

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Markets Allocation
67 % stocks 33 % indices
Top Mentioned Symbols
NIFTY 33% | 1 DLF 33% | 1 VEDL 33% | 1
mkithan mkithan VEDL, D, Short ,
VEDL: Vedanta looking for a Retracement
114 2 4
VEDL, D Short
Vedanta looking for a Retracement

In terms of Wave Count, Vedanta seems ready for a retracement

mkithan mkithan NIFTY, D, Short ,
NIFTY: Is Nifty in for a Bigger Correction?
176 4 2
NIFTY, D Short
Is Nifty in for a Bigger Correction?

Nifty indicates Sell position. Any bounceback may be used to enter Short Positions. Target - 8282, 8045, Stop Loss - 8525

mkithan mkithan DLF, D, Short ,
DLF: DLF - Losing the Battle for more Upside?
43 0 4
DLF, D Short
DLF - Losing the Battle for more Upside?

As per Charts, DLF looking exhausted in its non- stop runup from 80 levels to 165 levels. High expectation on DCCDL sale stake is what is keeping it at its current levels. Once that is out, and if bad q2 results, then we may soon see 130 levels

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