Tcs buy @cmp target target 3359, 3459, 3437 ascending triangle Tcs buy @cmp target target 3359, 3459, 3437
ascending triangle breakout
risk reward 1.2
sl @ 3162
Sensex
Sensex may reach 90k+ over a period of year from now.Sensex is in the final stage of its cycle wave rally. In the very short run, it may drop towards sub 62k and then rise towards 80k+ towards end of the year 2024. Ultimately, we may see 90k+ till mid 2024 to finish its cycle degree wave III or V.
Indian Sensex Gd morning
Indian Sensex currently at 63384.58
If weekly close above 64514 and sustains it for another week, then we can see Tgt1 : 70899±
Tgt 2 : 75806±
From my view Indian Sensex Chart is Bullish. So we can expect the tgt1 in shortterm
This is based on my personal view shared it for EDUCATIONAL PURPOSE 🙏
ADANII POWER - WEEKLY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
WOCKPHARMA WOCKPHARMA has completed a long term correction cycle and now could be a good buy with targets above 2,000 in the long term. The invalidation for this analysis remains at 135.20 (marked level).
SAIL (Steel Authority of IndiaSAIL - has completed its long term correction and has started moving up again. The stock is a good pick for long term as it is likely to make new highs in the coming years.
KOPRAN - A Long Term BuyKOPRAN (Log Scale) - The stock has started moving up after correcting almost 80% of the previous wave. This is a long term scenario where the stock will make new highs in the next few months and years.
BANKNIFTY - Diagonal Formation - Elliott Wave BankNifty is currently moving higher and will reach the upper trend line before starting its correction. Bullish moves can be expected for the next few months before the index finally starts correcting the larger move.
Indian Oil Corp (IOC)IOC - Elliott Wave View.
The stock is currently correcting and will likely go higher in wave 3.
Cipla Weekly Analysis Cipla Stock is its support Level and taking a good support. With a beautifull Hammer candle but there is no vol activity so it mabe risky,,,,,,,
But keep eye on this stock. when you see a opportunity grab it.
Do your own Analysis First......
SENSEX Short - Doubletop
Called the last top in October 21, calling this double top in Dec 22.
Longterm bullish on this market but looks like more value to be had at lower prices.
25% target. 31% Stretch target
Best, Hard Forky
Nifty 50 BTST/Intraday Breakout20 SMA has crossed above 50 SMA in the 30 Mins Time frame, A breakout has also occurred. Nifty 50 looks to turn bullish in the short time frame which can be utilized.
Entry @ 17100
SL @ - 0.5%
TP1 @ 1.5%
TP2 @ 2.0%
Note: Only for educational purposes. DYOR before trading or investing.
UPL UPL - Elliott Wave View.
The downward correction remains pending with the formation of triangle. Invalidation at the high of wave E.
SBI (STATE BANK OF INDIA)The idea is based on the Elliott Wave Theory. The rally in PSU Banks seems incomplete and SBI could reach higher levels before making a corrective move.
If the ending diagonal doesn't invalidate, a reversal is likely from the upper trendline.
ADANI PORTS - Risky but worth it The idea is based on the Elliott Wave Theory. The price seems to be correcting after making a 5 wave impulse. This could mean further decline in the stock value while it enters the wave (3). Invalidation level remains at the top of wave 1. (i.e 595)
TATA MOTORSThe idea is based on the Elliott Wave Theory. The long term bullish cycle has started from March 2020, and after a 5 wave (impulsive) rise, the price is now correcting (WXY correction). The level of 300 is crucial as it is a strong resistance and also coincides with the 50% fib. retracement.
PFC (Power Finance Corporation) The stock is likely to keep growing in the next few months as it is breaking out of a large range of consolidation.
HINDUSTAN AERONAUTICS (HAL)The idea is based on the Elliott Wave Theory. The current price seems to be corrective in structure which suggests another wave Y could unfold driving prices to the previous levels or lower.
MARUTI (SUZUKI) - Elliott Wave ViewThe stock seems to have completed a 5 wave structure (expanded) and could start its correction phase ahead. The idea is based on the Elliott Wave Theory.
HDFCBANK - Bearish Cycle HDFCBANK - Elliott Wave Theory.
The price seemed to have made a corrective pattern which suggests another bearish wave. Invalid level remains at the previous high.
NIFTY - Elliott Wave ViewThe idea is based on the Elliott Wave Theory.
Nifty has made 5 waves down (Impulse 1), and could start moving downwards again after a small correction (50-60%).
Long Term View:
NIFTY - Bearish Market ViewThe idea is based on the Elliott Wave Theory. The current upward momentum is very low and the price is moving in a corrective structure. A downward move is likely from the current resistance zone (or a possible likely scenario with 61.8 fib correction).
A move over 18480 invalidates this idea.
