singh17vivek

singh17vivek

Bata CMP 1513.75 This is the monthly chart. this uptrend should fallow the same angle as the one in the larger uptrend. Break of the falling trendline will be very positive. It will hit the trendline at 1560 which is also my first tgt for traders. For investors just hold. One more very imp point the trendline crossover is indicating Aug25 as an imp date. which...

singh17vivek

IGL CMP 495.10 This is inching slowly towards a breakout.

singh17vivek

GNFC CMP 372 Fib is indicating strength. The strong move we will be able to see once the stock breaks above the channel.

singh17vivek

Dr Reddy CMP 6206 News of acquisition of Nicotinell portfolio from Haleon will be positive for the counter. It is all set to move up very significantly.

singh17vivek

Sula CMP 504.60 Recommended this stock some time back. The stock corrected from the highs. In my view this correction is done and the strong uptrend should again resume. Note the rising trendline n the falling trendline have the same angle. Geometry in the mkts.

singh17vivek

the stock is at channel and fib resistance. The break of the 3000 zone will take it to 3500 and 3800.

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Indusind Bank CMP 1528 The dip to 38.2% from a higher swing and the bounce from the trendline is telling me this stock is now all set to take off without any further delay.

singh17vivek

BOB CMP 285.20 the stock is exhibiting tremendous strength. The break of the steep trendline will be an early indication of a possible change in trend. Enjoy the ride till it trades above it.

singh17vivek

DLF CMP 874.50 the deep correction in the counter halted at 38.2% from a higher swing is an indication of continued strength. the stock is still respecting the steep trendline, yet another indication that the trend is intact. It will breakout above 907.

singh17vivek

the correction is done in the counter. It closed 4% up today. It is still a good buy as a strong rally is on the cards.

singh17vivek Updated 

SUN TV CMP 665 Sun TV is currently the leader among the media stocks. Look at the chart they are very similar till the abc correction ends. Currently Sun TV is leading the Media sector. T1 1300. Other media stocks to keep an eye on are Inox and Network TV 18 and Saregama.

singh17vivek Updated 

Bata India CMP 1346 Elliott- Fib confluence at 1286 is telling me the zig zag corrective pattern on the monthly charts is done. MA- support also at the zone. Candlestick- Doji at the support zone. Fib confluence on the hrly charts is telling me the stock is ready to move up. At CMP of 1346 the stock is down 38% from the highs and hence is a very good buy in my eyes.

singh17vivek Updated 

Balrampur Chini CMP 400 Yet another example of a dip from previous highs. The correction is done in my view nd is offering a good opportunity to buy.

singh17vivek Updated 

HDFC Life CMP - 563 Any one wanna bet on life insurance stocks here is an opportunity. This stock is now ready to break the shackles.

singh17vivek Updated 

TCI Express CMP 1131 Elliott- Thats a double zig zag. In my view it is complete. Candlestick- last two candles were inverted hammer which are reversal patterns. Fib- that zone at 1000 is a strong support. THis stock is a wonderful buy.

singh17vivek

Dr Lala Path Lab CMP 2798 I had mentioned in my previous post that the fall is done. The breakout is clean. there is no halt till 3240 now.

singh17vivek

L&T Fin CMP 169 Another example of a stock that takes a small dip around its previous highs before it breaks out. The dip to 38.2% from a higher swing is indicating strength. T1 330

singh17vivek

Rail Tel CMP 356 If u did not chase this stock. this correction is an opportunity now. The dip to 38.2% is telling me the stock still is in a strong bull trend.