From 118 to 300 + All details in the chart... Happy Holi Published only for education and learning purpose.
After the zig zag correction, a Flat with a strong B wave and that too a running expanding triangle and a C Failure (at 0.618 of B wave) with terminal structure being formed (in 1 hour chart). All indications that an impulse move is just around the corner. Expecting a target of 134 + For educational purpose only...
Yes after a long wait. After a 5 wave impulse move (with 1st wave extended and a failed 5th wave). It corrected exactly to 0.618 levels completing the wave2 and now all set for the 3rd wave to 30 and beyond... It formed a bullish harami reversal pattern too... What an Idea sirji ? All details marked in chart... This is only for education purpose.
Here is the updated wave count... it was a 5th wave extension... so the retracement happened not only to 0.618 but to the 4th wave levels too... So all set for wave 3
Sail after consolidation for the last 6 months is all set for the next move. . The Bullish Flag is also indicative of a good rally ahead.
After consolidating for a year, it formed an ending diagonal. A bullish pennant and currently at the demand zone. Looks like a reversal is in the offing.
Reliance Infra formed a nice rounded bottom and is now all set to move higher... a turn around story in the making
Details in chart - Trade with caution
Details in chart Trade at your own risk