Nifty completed 3rd wave in hourly time frame and expected to move down for 4th wave up to 50% retracement. We have seen an ending diagonal in intermediate 5 minute last wave which was 5th Price has broken through the support of lower time frame wave.
Nifty is in 5th wave and running 3rd of 5th or may have completed 3rd and in 4th wave than we can expected another up move for 5th of 5th which is expected as under;- Nifty expected to around 22027 & if sustain there than it could go to 22301 which is the next level for it than we may see reversal in coming days.
Nifty found resistance on 38.2 % of 5th wave extention, Big fall happened & breaking lots of supports Daily & others. Now expected bit more corrective price action in upcoming days.
Bullish Flag breakout in Making Strong momentum from flag lows & expected to go for higher prices. Fundamentally very bullish and PA also confirming the same.
Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 235 233 184 170 238 263 2Quater equal =500+ Highest ever yearly profit was 1081 so its highly undervalued. mini. target 585 Stock is trading at 0.78 times its book value
chart has broken out of range and as per simple calculations its heading towards 2400.
South indian bank heading toward 20 Below book value-28 Earning hints toward all time high. Ultimate target can be 30+ Intermediate target 20- than one can hold for 28
Good candidate to buy on minor pullback or Breakout with volume. target 1500-1700.
looks good to go 400 as per trend and results. As its previous high was around 400 in 2019-20 with last two quarter results abvoe 80+cr we expected to go t 400+