sketchitesh

sketchitesh Updated 

PNB swing pick Entry above 64 SL 58 Target 1 74, T2 853 RR Ratio 1.7 Expected return 15-25% For education/research purpose. Please take trade based on your own judgemen.

sketchitesh Updated 

Tata Power long above 241 with SL 215 target 270-285-300 by year end 30% return. Fibb 1.618 level. Even long term it going 450 (fib extension 1) by next year and 600 (1.618) by 2025. For educational purposes. In my holding, I might be biased.

sketchitesh Updated 

Chart is self explanatory and detailed. 4th wave in progress should go to max 50% retracement line. As wave 2 was flat this could be zig zag correction.

sketchitesh Updated 

IRCTC long with stop loss given in chart as red line. One immediate stop loss and lower one is long term SL for long term targets Green lines are T1, T2 and T3 targets with obviously increasing timelines to achieve. For educational purposes. Elliot wave numbering shown, let me know if incorrect numbering done.

sketchitesh

NMDC share buy on dips Positional targets 160-190-250 Holding time 6months to 2 yrs QoQ strong earning growth hidden by other income (not regular income) in last quarter. High margin on low revenue. With increase in production and revenue margin will grow stronger.

sketchitesh

IOC min target 1 if breaks 91.4 with stop loss given in chart. Stock looks to be in wave 3 with should be 100% of wave 1 and more than 100% if extended. Disclaimer : Not an investment or trading advice. Please do your own research and analysis before putting money.

sketchitesh

Self explanatory elliot wave chart if breaks previous swing high it will reach min. 550. Alternatively it can wave X of WXY with W being flat but less possibility. Tomorrow open will decide whether it will go to 550 or again test 510-500

sketchitesh

Chart are self explanatory with levels and targets.

sketchitesh

Head and shoulder breakout in Chalet in 2H time frame. White zone is buy area with Red zone as SL and green as targets. Do your own analysis before investing. Thanks for following and like.

sketchitesh

Explained in chart. Bank nifty trade pattern for 21.01.22. Do follow price action. Sentiment is bearish market making head for budget days. Be prepared.

sketchitesh

Levels based on price action and fib pivots. Monday expected levels based on how it moves in the direction .

sketchitesh

Stock seems in impulse wave 5 and the previous supply zone should act as demand zone on retracement. That would be good entry for 0.618 and 1 fib level target as shown with fib low level as stop loss.

sketchitesh

IOC has retraced 50% and at resistance became support level. Can long on reversal near 100-105 for 120-130-140 with SL 90.

sketchitesh

IGL has came out of consolidation and started moving. Long in 570-550 zone for 711 target with SL 479 on closing basis.

sketchitesh

Alok industries is giving kind of flag breakout long above 28.3 for 0.618 and 1 level 32.35 and 36.85. Extension of Fib can happen. Stock is highly bullish with volume.

sketchitesh

Chambal Fert has given Flag breakout on daily chart. Target should be height of flag or fibb extension 100% to 380. Entry is in entry range and move is expected in 1-3 week timeline. Volume is also supporting.

sketchitesh

Watch-out for stock to break weekly resistance trendline and can long above 101.1 for short term target 122-132 levels and long term target of 145 that is 100% fib level extension and also 3rd impulse wave. Volume in weekly chart can be seen increasing and accumulation period is over almost. Time to ride the stock. Value investor and swing traders can long at...

sketchitesh

Long Bank Nifty next expiry. Charts are self explanatory