After consolidation stock is ready to move. The stock was moving in ABC for long. Tomorrow it is also having a fund raising deal, It is clear breakout
261% for wave 3 shall finish near 216-217 levels. That is also consolidation zone breakout targets. Company has announced 5MT to 10MT capacity - almost double which might get commissioned soon
There is a good base supported by volumes. Stock has recently been shifted from 5% circuit filter to 10% Only BSE listed company Market cap 884 cr FII have increased stake from 12.13% to 17.24% from June to September Quarter (December Holdings % yet to be published
RSI favorable AXD favorable Cup size target coming to 109-110 Cmp 98
Wave 2 and wave 4 correction almost at par Wave 5 can see 100% upto 890 levels weekly and daily RSI above 60 ADX coming out of consolidation
If wave 1-wave 3 then Gati can see 210 levels ADX 44 Small RSI favorable Big RSI 73
If wave 3=wave 1 Then tata motors can do 750 now Wave analysis
Good time to accumulate cleanscience May finish its wave 2 and move onwards Wave 2 may end near 1380 to 1360
small RSI says its not oversold. cmp 285...temp bottom formed can fetch atleast 15rs from here
Stock may consolidate here But 372 not ruled out. Looks a ABC pattern
Daily weekly retest done But still can do a low of 562 A good one to accumulate from here onwards
wave analysis RSI supportive including small RSI ADX supportive may see 109
This has finished its wave 2 and 38% retracement shall be 392 But since wave 3 is starting 435 which is 161% extension
If wave 1 = 5 then it comes to 118 127% of wave 3 comes to 98 Sequent has started its impulse
Chart structure - Watch weekly and monthly breakouts RSI is supportive Positionally looks a add on dips as it is a weekly and monthly breakout All moving averages are supportive
wave 1= wave 3 for 140 levels entry point 106-108 wave analysis RSI is supportive