Star Health seems like moving out from a consolidation. Looks good for short term.
VEDL is forming a good continuing Triangle pattern at its Multi Year Resistance Levels , Breaking on the upside would lead to impulsive movements aimed at reaching All Time highs in the consecutive sessions.
Shares of LTIM is trading inside a year-long Triangle Pattern and is due for an impulsive Breakout. Breaking 6500 levels would be crucial for the stock to gain momentum on the upside.
AVT Natural Products is expected to breakout on the upside of this triangle pattern in the coming weeks . Prospects seems good for positional investing in this stock.
NEROLAC is due for a good Upside move as it tested its Multi Year support and is in that range along with a strong fundamental outlook. Looks ideal for positional investment.
LTIM is poised for a good impulse move if breaks above the 6400 resistance level. With good financials in place we can expect it to break in the coming weeks.
With a growing PAT and strong Fundamentals , INDIAMART is set for an Impulsive 3rd Wave in its Monthly TF , Has the potential to reach its Previous ATH in the coming months.
Through the Fibonacci Projections , it seems like their upcoming US elections could have the ability to trigger a year-long correction if anything unexpected were to happen. If NDX were to break its ATH we can expect the up move continuing.
Gold is set for an upward impulse after a month long consolidation , Will see retesting its All Time Highs Soon.
Gold seems to have triggered a reversal for a C wave Impulse in the coming weeks, Let's see how it will pan out.
This price movement is a stark reminder as to why we should avoid trading during important Events.
Copper seems to be breaking out of a continuing Triangle Pattern , Let's observe how it goes.
As we could see from the chart the way how XAGUSD presented beautiful patterns every time before a breakout. Now looking it from the left side of the chart it seems pretty easy to create multiple good trading setups but what's tough is doing the same to the right side of the chart where the UNKNOWN lies. That's what would take years of experience to interpret and execute.
The key to trading / investing is accepting uncertainties and dealing with it systematically rather than getting it influenced by our fear and greed.
CE INFO SYSTEMS demonstrates a perfect continuing triangle pattern as mentioned by Elliott wave theory. Its always very satisfying to watch things unfolding exactly as expected.
From the impulse wave I've drawn , It seems like NIFTY is due for a correction. on the other hand , we have a strong bull trend going on , Lets see how it works out.
Happiest Minds has recorded some strong financials in the recent past which could trigger an up move in the coming months triggering it to go all the way till 2K.
CUB Could touch its ATH based on strong fundamentals and is also getting good increase in FII buying in the recent quarters.