Copper has completed its 2nd wave correction and is now ready for a rally
Strong chart + solid fundamentals = rally Buy @ CMP Stoploss @ 20% 1st Target @ 50%
Buy @ CMP (current market price) Stoploss @ 46,000 First Target @ 56,000
DMART has broken out of the descending triangle is now all set for a strong rally for the next 2 months!
Kaynes Tech looking good, just broke out from contracting triangle SL @ 13% Target @ 50%
Solar Inds just gave a time cycle bottom and has also broken out of the contracting triangle that it was trapped in for the past few weeks Expecting fireworks soon
Nifty has again crossed the all-time high and I sense 24,000 is not too far in time
The 3rd impulse wave of bitcoin is now over, the 8% crash in 10 mins yesterday confirmed this Now we will correct for a while - maybe around 15 day or more - we might retrace down to ~$51,000 levels After the 4th wave is over, we will again shoot up to cross the ATH of $69,000
This suggests that we might start another rally soon
Get ready, the next Bitcoin rally will start soon, within 2 weeks at max This incoming rally should take us beyond $56,000, maybe it will top at ~$60,000
Believe me or not but Nvidia still has a long way to go
The IT index has completed its 5 waves as per elliot wave, hence, I am expecting some correction now that should ideally last around 4-5 weeks. Post-correction we should see another strong rally that takes us above the ATH of the Nifty IT index I may be wrong, please do your own research
Dr. Reddy was in a rounding bottom for 160 days and has finally broken out of it Good time to add Keep stoploss at 5500 Target is 10,000
Both Time cycle and Elliot wave theory says long on Consumer S&P 500 Consumers Stable is following a 192 week cycle and it recently formed a bottom The price action and volume also suggest that the bottom is formed Additionally, 2-4 trendline (wave theory) says that prices should move up from here
Expecting more pain for HDFC BANK It is currently painting a bearish flag and pole
Nifty Metal broke out of the expanding triangle in the year 2022 with an amazing rally of 350% After this rally, it consolidated for a while in the form of another contracting triangle till November last year and it recently retested the upper channel of the contracting triangle I will look to buy at current market price Stoploss @ 6,350 Target @ 20,000 Time...
After forming the top on 28 Dec, 2023 banknifty has corrected exactly 61.8% of the previous uptrend of 42100 - 48600 Additionally, the correction took exactly 21 trading days - 21 is a fibonacci number - after which the current uptrend started from 44440 on 25 Jan, 2024 Both these factors suggest that we might have completed the correction and a new uptrend in...
BPCL recently started a new impulse after giving a correction on the long term chart in the form of a contracting triangle Buy at current market price Stoploss will be set at 435 (~15%) Target will be set at 633 and then 800 Expecting the target to be reached in the next 3-4 months