In the previous post on ITC, we hit both targets of 275 and 280. Price has fallen since.
Price 270 is very critical Level. Positive Breakout is possible that can take the price all the way up to 290.
Conservative Targets are: 280 and...
See below chart for the previous view.
Currently, BHEL can be picked for short term play as well as for Long term
Price seems to have broken out of the long term down trend at 95. Volumes are slightly on the higher side. The stock is at the verge of...
Wipro is on an Uptrend for over an year since November 2016. It has been in small bouts of ups and downs, but all within the Channel. The returns since Nov 2016 is almost 50% returns. It is good to go upto 330. Move above 330 needs to be treaded carefully as that would be in one of the lifetime high area that was in 2000. Wipro is a good long term...
It appears, Bounce of fall from 220 to 143 may have just begun.
0.38 of the fall comes to 173
0.5 of the fall comes to 182
0.61 of the fall comes to 191.
My targets are 165,171 and 182
SL: 152.6. this would be the bottom end of yesterdays Gap opening
Currently at a FIB levels of .68 from the fall from 150 to 103.
Breaking out of the Downward Trend. There has already been a false breakout. Wait for confirmation.
Buy above 135.
Targets 138,141,147 and 150