pankajarora232

pankajarora232

We are back to ATH in an X. Ideally Z should test low or range, but safer to play for 2900 target with today's high as SL.

pankajarora232

We have completed, or about to Complete Wave B. A short entry closer to 2750 will be good. Targets are big. :)

pankajarora232

Gold is at an interesting juncture. Weekly 3 done. Wave 4 is forming an Expanding Flat in which A is done and B is going on. 2830-40 could be a good zone to look for shorts with 2860 as SL. Targets are big. So, ride :)

pankajarora232

We have done a pullback in X and at a key resistance level now. Expecting next leg down to start anytime. Good RR here for a short with 1905 as SL. Targets 1800, 1750, 1700.

pankajarora232

We are top of falling channel. Considering the bias that the correction is not yet over, we can expect a Wave C in Y down. SL will be yesterday's high. Targets 1650, 1500, 1350.

pankajarora232 Updated 

Cummins is close to completing Wave 4. (Maybe last dip to 2500) Wave 5 targets 5000, 7000.

pankajarora232 Updated 

Siemens seems to have completed Wave 4. Maybe some dip left till 5500. We should head higher to 8000, 10000

pankajarora232 Updated 

HAL seems to have completed larger 4 or maybe W of 4. In both cases, looks good for 4000-4200 at least - which is a good +15% from here.

pankajarora232 Updated 

Bharat Forge seems to have completed Wave 4. Wave 5 targets 1800, 2200

pankajarora232 Updated 

NTPC could have completed Wave 4 or close to. If Wave 5 starts - Target is + 500. If it's just a pullback then we look for 13-17% in the trade.

pankajarora232 Updated 

Cyient had a bad result and got sold off. It is now very near to Wave 1 top, which should not be breached for uptrend to stay intact. It's a punt that we can take with a small SL at 1291 i.e. the Wave 1 top.

pankajarora232 Updated 

Either Wave 4 done or W done. In both cases a trade till 310 looks good.

pankajarora232 Updated 

Seems like Wave 4 is complete. Buy here, add at 130. with 128 as SL. Target at least Wave B top (170) and then ATH.

pankajarora232 Updated 

So, the last pullback was 4th down and we got 5th down today. 680 is 61.8% retracement of Wave 3 and a great entry point for a long trade. At least A is done and we should play for a B up. Possible 15-20% upside. Buy now, add around 682. SL 675.

pankajarora232 Updated 

Wave 4 seems done in WXYXZ. Even if it's a larger W down an X up should unfold. Good 20% trade from here.

pankajarora232 Updated 

Jio could have completed correction. But difficult to say. However, we have 5W down on daily and can look for a pullback to 260. SL 230.

pankajarora232

We are completing some form of correction in a triangle - assuming it to be an ED. Play for 10% and then trail - could give big returns.

pankajarora232

5 Wave down in C of 4 seems done. If not entire 4, maybe a larger W down in 4 done and a larger X to unfold. Can play for 1,30,000 in X and ATH in 5.