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Nifty continuos to be in larger bull trend
NIFTY
, 1W
Long
NIFTY: Nifty continuos to be in larger bull trend

ABCD pattern fits perfectly… let’s see how this unfolds in coming 2 quarters

Indraprastha Gas should enter a new impulsive wave towards 708
IGL
, 1W
IGL: Indraprastha Gas should enter a new impulsive wave towards 708

Go Long on Indraprastha Gas with a Target of 708. #Disclaimer: Consult your financial advisor before investing.

Nifty 50 Support & Resistance levels for intraday trade 7th May
NIFTY
, 60
NIFTY: Nifty 50 Support & Resistance levels for intraday trade 7th May

Nifty 50 Support & Resistance levels for intraday trade 7th May

Reliance update
RELIANCE
, 30
RELIANCE: Reliance update
01:05

Near the Crucial support and should be bouncing up from here!!!!

Axis Bank Bouncing back into wave 3 after a neat retracement
AXISBANK
, 60
AXISBANK: Axis Bank Bouncing back into wave 3 after a neat retracement

Aim for 793.80 as first positional target with a SL at 650...

Reliance moving up in channel, look like start of wave iii
RELIANCE
, 60
RELIANCE: Reliance moving up in channel, look like start of wave iii

Holding above 1941 can take reliance upto equality target of 2109 where wave iii is equal to wave i...

Price Action for Nifty 50 on 3rd May, 2021 (Monday)
NIFTY
, 60
NIFTY: Price Action for Nifty 50 on 3rd May, 2021 (Monday)

Overall Sentiments may seem bearish... but I have made following observations! 1) Markets still above 20 dema 2) PCR Ratio still between 0.75 to 0.86... not bearish at least... 3) Highest open interest on 6th May is around 15000... 4) Q4 Results some Giants are extremely positive... Lets see how Monday pans out!!! All the best with your current positions!!

Nifty retraced sharply towards 61.8% of wave 3!!
NIFTY
, 30
NIFTY: Nifty retraced sharply towards 61.8% of wave 3!!

Can bounce up into wave 5 from here....

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