Two indicators are showing good sign of bottom formation. We can start adding with 6month to 2yrs yrs as horizon. Double bottom (confirmed) OBV divergence
There is good trendline support in EIH around 20% upside likely SL 119
I keep track of this chart to see if Nifty is over valued or not. Nifty/Gold gives fair value of Nifty in terms of gold. There is good trendline which it has been honoring as resistance. We are seeing selling pressure at the same levels.
LTTS is taking support from earlier congestion zone. Can be added with SL of 3400 T1 : 4290 T2 : 5200 T3 : 5950 If looking to keep for 2~5 yrs then can be added gradually with SL of 2900
Clear bottom formation nr 200ma and is now showing strength. SL 560 T1 673 T2 722
Good breakout of a falling wedge seen. SL 2700 (Safer would be 2545) T : 3430 / 3740 / 4550 Buy on dips to reduce Risk
This has all ingredients needed for the double bottom. A good downtrend since oct from 5600. Existing earlier resistance at 3200. Double bottoms at 3200 level Break of neckline at 4050 Target 4850 SL 3800 Buy on dips.
Very good bottoming out pattern in 3M India. Likely target 32000 in next year. SL of 20100 can be considered status is now buy on dips
Looking at cycles Vedanta likely to make 300 by Apr 22
In next 2~5 weeks we can get good opportunity to rebalance. Gold to equity will be good bet. +22% divergence seen since october 21
Currently Nasdaq is trading at 50% correction level and seeing good buying interest. Downside from these levels is limited. We may see long term investors enter and bring stability at current levels.
Deep retracement is completed in Vaibhav global. Now likely to double by Dec. T1 800 T2 1000 SL 390 Also this happens at 200 Week Moving Avg which makes it very reliable.
TARGET 950 SL 490 Buy only if weekly close is above 550
25% + upside possible in this very good fundamental stock. Target : 2800 SL : 1920 Need to keep time horizon of 3~5 months.
Showing Strength nr key 200ma Target 980/1100 SL 775
1450 is a very good level to buy Bata. Its earlier resistance and also it is 200ema. Can be bought with Target of 1700 / 1900 SL of 1450 Very good RR
Very strong breakout with volume support. Buy on dips. Considering very big SL only small position at current level can be taken and add to it on pullback. Target : 106 SL: 86