tushargupta1991

tushargupta1991

MRF is not giving any signs of reversal. One can continue holding this stock till we get the start of a corrective move. Other tyre stocks like CEAT and Apollo Tyres as posted earlier (check the attached links) can be continued to be held (till any visible reversal signs).

tushargupta1991

DHP India has been consolidating since the previous post about this (links attached). However, it seems poised for a breakout now leading to a move above it's all time highs. The SL remains unchanged.

tushargupta1991

A potential entry point in the up move of DHFL following an a-b-c correction.

tushargupta1991

Cipla could have completed an Expanded Flat. So the up move above the top should continue..

tushargupta1991

Cipla seems to have completed an extended zigzag and has now resumed it's uptrend. However, for an entry can wait for a higher degree correction. That'd lead Cipla above it's all time high.

tushargupta1991

Voltas has given a 3 wave correction in it's up trend. So it can be longed at least till the 0.27% fib.

tushargupta1991

Bharat Electronics has completed an A-B-C flat correction (refer to the link attached of previous post on BEL) and is headed for all time highs. If you missed the first long opportunity, then can enter again.

tushargupta1991

Relaxo seems to have broken out of it's downtrend and has completed an a-b-c correction. It can be longed with a stop below the 0.618 fib with a target of an all time high.

tushargupta1991

Nifty has completed a 3 wave correction down and is near the previous higher degree wave 4 low. So this should continue up for it's final move above the current ATH.