Nifty post recovering the 4th June event has not been able to either move upside or downside. It has been in uncertain trajectory. A correction or upward strong movement is necessary to decide the overall analysis
Stock of the Day: Whirlpool. Looks Bullish as per Elliot waves and Price Pattern
Cipla, A Pharma Giant and leader in Generics with a good profit margin of 12-15% y-o-y has given a All-Time High Break Out and is ready to go above till 1650.
Nifty has done a roller-coaster ride in last week and is on the verge of making a life time high. From here we may expect some consolidation and then it may correct which will complete the wave 4 and wave 5 will start afterwards.
Nifty Index Analysis for 7th June based on Elliot Wave Analysis
Modi Rubber looks good on a monthly pattern and can go long for the next few months.
Publishing again this chart had already made a one-time good return in wave 3, but now it looks like in wave 5.
Stock has come out after multiple months of consolidation at a monthly level. expect a good bounce of Wave 3
Ease My trip has come out of the consolidation and has started its journey. May Hit All all-time highs within the next few weeks. Also, the holiday season is approaching hence there can be good growth opportunities for the company
Trident Share in the last 2 months has been on a downward trajectory and looks all set to break the same. The accumulation phase looks like it has been completed. Expecting to touch the 39 and 43 levels in short term Fundamental Incorporated in 1990, Trident Ltd manufactures, trades, and sells Yarn, Terry Towels & Bed sheets, and Paper & Chemicals Company has...
Maha Bank is very bullish and the overall price has increased healthy in multiple time frames. Overall it looks in Wave 3 format.
Go Long once the Yes Bank crosses and closes above 33 on a daily timeframe
Rustomjee Developers, the company is also known under the name of Keystone Realtors has a presence in and around the Mumbai area. While the company fundamentals need to be studied more in detail. Technical front it looks like a breakout and may give the result of 1:2 to 1:3
Green chemistry is an emerging focus among manufacturing industries that minimizes pollution at a molecular level and Clean science works on developing eco-friendly and sustainable manufacturing processes of specialty and fine chemicals Fundamentals The company is almost debt-free. The company has delivered good profit growth of 43.3% CAGR over the last 5...
Company has given the Monthly and Weekly BO and is ready for the further momentum. Stock can be traded based on swing analysis. Fundamentals are ok not like Deepak Fertilizer
Greaves Cot looks like it has completed rounding the bottom and is ready to go upside. Fundamentals Greaves Cotton is engaged in the manufacturing of engines, engine applications, and trading of power tillers, spares related to engines, electric vehicles, and infrastructure equipment The company has reduced debt. The company is almost debt-free. Debtor days have...
Deepak Fertilizer has given the BO on Daily TF. The stock had been in a consolidation for quite sometime and now it has given the BO. Fundamentals are good
TBZ is a 158-year-old company in the jeweler business, First business to offer a buy-back guarantee in 1938, company is managed by the 5th generation of the family. The company brings out 8-10 jeweler designs per year. The company has 32 stores having a presence in 25 cities Product PortfolioThe product range of the Co includes Rings, earrings, necklaces,...