Shilpa Medicare looks good above 435/- with SL of 390/- for targets of 550/- It has given a breakout above long term resistance line, so any followup buying above 435/- is good for this stock.
It has given a nice breakout with huge volume. Looks big buying is happening. One can enter with small SL for much higher Risk Reward.
Its Movie Time... :) PVR looks ending its long running Wave 4 correction and shall soon start trading higher for bigger targets. View is invalid below 1230/-
Bandhan Bank looks too attractive at CMP 276/- for much higher rewards with smaller SL of just 18 points. Hope this time Bandhan Bank works in favor :D
Wave 4 is getting completed and soon Wave 5 to start to take it to higher targets of 1600++ with SL of 1140/-
Bandhan Bank looks Wave 2 is finishing and it should soon start with Wave 3 for higher targets of 350-375-400-425. SL is very small as usual :) Although my previous two trades of Bandhan Bank have failed, I still count on it, as each trade outcome is independent of previous one. Let it trade above 310 and it should start as per study.
Britannia after giving good profits from the first trade shared, is now again giving a good entry point around 3440-3410 levels and shall make high of 3650+/-. Idea is invalid below 3495/-
It looks like its about to start Wave 3 which should take it to 300+ and later to newer life time highs. One can accumulate it at CMP 170/- with very conservative SL of 110/- and it shall give good risk reward opportunity.
Concor looks in Wave 3 which should take it higher targets of 700+ after which it may retrace to Wave 4 and then again may rise to Wave 5
Britannia looks like Wave 3 start and can be bought here at CMP 3425/- for higher targets of 3530+ i.e. min 100+ points Target and around 40 points of SL
Axis Bank at CMP 740/- ooks like Wave 5 has ended and the correction should take it down till min 700 levels. SL can be red line i.e. 765/-.
If my counting is right then, the stock looks good at CMP with SL of 2730/- for higher targets of 3400+. The stock looks in correction mode of which major A is completed and its moving towards major B wave of which the last leg is still pending.
Shilpa Medicare looks to start Wave 3 and shall make new highs soon at CMP 345/-. Study would be invalid below 300/- on closing basis.
Bandhan Bank at CMP 368/- looks like completing Wave 4 and shall soon start for Wave 5 for the higher targets of 430+ with the SL of 345/- offering a good risk reward opportunity.