IT HAS COMPLETED ITS 4TH WAVE(CORRECTION WAVE)......FROM 680 TO 605 LEVELS............NOW ENTERING INTO 5TH WAVE.......
BUY THIS STOCK.......CMP. 640-650 LEVELS......STOP LOSS - 605....TARGET - 730-740 LEVELS......FOR MORE INFO YOU CAN MESSAGE ME
HERE OR WRITE YOUR COMMENT IF YOU HAVE OTHER VIEWS ON THIS TRADE.
Looks like the correction has completed in QUESS CORP. and even if it is a third wave of the continuing elliot ,the target for fourth wave is coming out to be 900-920 levels which will be correction wave. (1100-580=520 )61.8% of 520....around 320-330 levels.. Low is 580, According to theory,target will be 580+320 which is 900
Trading now @ 690 levels. FOR MORE...
The first wave is about 38-40 points which has retraced to levels of 130...which is 50% retracement.
So buy cmp. 143-144 with a sl of 136 for the first target of 167-170 levels.
Has completed 4th wave @ 300 levels.........which is 61.8% of 3rd wave. 310 is a good support now.......
Buy between 314-317.....with sl placed at 307 levels for the target of 337-340 levels
Looks like a flag formation in L&T FINANCE..........POLE IS 24-25 POINTS IN SIZE..........SO TARGET WILL BE 130+25=155
TRADE ONLY AFTER TUESDAY.......IT HAS A STRONG SUPPORT AT 130 LEVELS AND BUYING IS SEEN AT 130 LEVELS. AFTER ELECTIONS IF RESULTS ARE NEGATIVE AND IT HOLDS 130 LEVELS YOU CAN BUY IT WITH SL OF 128 TARGE OF 155.........IF RESULTS ARE POSITIVE FOR...
BAJAJ AUTO HAS TAKEN A DOUBLE SUPPORT @ 2700 LEVELS...........BUY THE TRADE WITH SL OF BELOW 2700 FOR THE TARGET OF 3050.........TO BE CAUTIOUS TRADE AFTER THE ELECTIONS RESULT.....RSI AND PRICE ARE ALSO MOVING IN THE SAME DIRECTION .
Has taken support at 1210 levels......resistance of 1240 will be taken out.......Kotak Mahindra buy Cmp. 1231 ... with the target of 1280.....sl placed at 1209
RSI has eased off from highs........still strong and above 50......
It has completed its correction and form a base at 1540 levels. has crosses 1720-1740 levels which indicates change in trend. My target and my strategy is based on elliot wave theory. target of 1880 is interim target. Moreover i am expecting 3-4% upside on pharma index in next trading sessions
