3 months since my first idea on HDFC Bank. After correcting in a zig-zag pattern, price reversed from a little below the projected green Fibonacci zone. I would like so see a fewer more higher highs as shown via red path to call it a clear impulse. A break of corrective channel would add confidence. All in all it was a good trade to take with a very low...
Entry - above 1100 or 930 SL - 3% from entry Tgt - 10% - 1230 - 1345 - 1432
Entry - 552 SL - 537 Tgt - 572 - 592 - 621 or 10%
#Industowers Stock is looking good, it is in good uptrend, giving trend line breakout also, once the stock breaks 421 levels on daily closing basis, then it will face resistance near our first target zone 348 and then next resistance near our second target zone 384. Keep a stop loss closing below 300. giving a good risk reward.
I have short term idea on wipro please make sure entry if you find any reversal candidte stoploss must and should
DMART | AVENUE SUPER MARKET Dmart to test tp2 first before testing the support
IEX | Indian Energy Exchange tested POC SUPPORT 129 - bearish below 129 Bullish Above - 160 - tgt 240/-
Reason for short a) Fake Breakout setup seen with bearish divergences in MACD/RSI/STOCH b) Weekly: A possible ABC corrective pattern in the making
Buy Short Term Godavari Power at Cmp 853 SL - 818 - 799 Target 922-930++
Buy AXIS Bank cmp 1014 SL - 945 Target - 1050-1080-1100++
Buy Bajaj Finance cmp - 6920 SL - 6795-6750 Target - 7000-7150-7350++
We will keep simple our trading Above 46671 market will be bullish becoz it is a 50 percent retracement of Last month From this level up side Target And below this 47671 market more bearish
// use 5mtf // i give 6 pairs of lines colored red and blue . if you have any more conformations you can take tardes form that areas
If NIFTY sustain above 22105 to 22127 then 22212 then 22270 to 22326 above this more bullish If NIFTY sustain below 21961 then 21913 then 21832 to 21795 or 21764 then 21714 to 21701 below this bearish then 21629 to 21560 then then 21511 to 21463 or 21407 below this more bearish Consider some buffer points in above levels. Please do your due diligence...
As per my analysis., IRCTC can be added for investment Buy zone 642 to 741.10 with SL of 637. First Target will be 855 Second Target 970 Third Target - 1100+ Please comment if you wish to see my analysis for any stocks. Please do your due diligence before trading or investment. Thank you.