IREDA IS READY TO BURST WITH FULL ENERGYNSE:IREDA is slowly storing energy to give huge breakout and give New ATH.
Currently IREDA is wave 5 candidate in weekly chart and wave 3 candidate in daily charts.
As all we know what happens when these two combines there is high probability the charts can go up.
The view is applicable until the chart stay above 220, The view is invalid when it is below 215, any movement below 215 is a bearish view.
Otherwise the upper targets are
245
265
280
300
325
350
Disclaimer
The above analysis is just sharing of knowledge and not an investment advise, we are not sebi registered and please DYOR before taking any trade as our trade idea is not entitled to your profit/loss. Please take advise from your financial advisor before investing your valuable and hard earned money.
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BSE
BSE - Technical Structure IntactBSE shares today faced the wrath of SEBI directive seeking the payment of regulatory fee (both historical and current FY).
Although this is not a fresh buying suggestion, but as evident from the chart, there had been a recent flag pattern breakout which still has not been violated.
People holding can continue to do so until the levels marked at the bottom aren't breached.
IDEAFORGE TECHNOLOGY LONG TERM VIEWIDEAFORGE TECHNOLOGY LTD is forming a Double Bottom Pattern and a channel pattern within the double bottom formation as well.
Entry is given at 712
Stop Loss is given at 556
Targets are as follows:
Target 1-886
Target 2-1056
Target 3-1260
Target 4-1345
(These targets will be achieved within 2 years from the date of entry)
NOTE:- This view is purely based on Technical Analysis and is for educational purposes only.
Please consult your Financial Advisor Before taking any trade.
Deepak Nitrate Next Week Down side Target 2720Deepak Nitrate may see a decline of 2 to 3 per cent next week, with the stock seeing a big drop in the last two sessions. This decline can also be seen in the next week. The stock looks weak on the daily chart. Lamp nitrate can see targets up to 2720 on the downside.