stock taking support at S1 pivot...some up move is possible. can do some trading. overall stock is not good. stock is making lower highs.... such stocks are best avoided!
if the stock trips the red line, it could drift down to the yellow line below... it may not trip... but you never know!
if the stock trips the red line, it could drift down to the yellow line below... it may not trip... but you never know!
Stock appears to have started the 4th wave correction of higher cycle! correction can be 50% and time consuming, considering that the 2nd wave correction was 50% and quick. Seeing a level of 3125. I can be wrong!
Stock is in cloned VA channel... Retesting median after slipping from it. Might head down to the bottom of cloned channel.....around 1095
Stock is in the 4th wave correction of higher cycle.. correction is extended flat type. right now in the 5th wave of the C leg of correction. could go down till 451 level.. wave 4 correction is steep both on price as well as time because the 2nd wave declIne was very shallow and very quick......Alternation principle
Stock is at confluence of following : 1. S<>R 2. PF MEDIAN 3.AVWAP 4. 200 WMA 5 S1 PIVOT 6. 61.8% FIB DO YOU NEED MORE TO GO LONG?
The stock completed the 4th wave correction and started the 5th wave with a bang today. stock moved up up 13% on a bad day....stock has a target of 2995
above is 75 m chart.... stock completed the 4th corrective wave...just started the 5th wave... buy to ride the 5th wave
Stock is in C leg of the ABC down move of 4th Elliot wave cycle.... C point likely to end around 1050 level
Stock at excellent trend line support..... stock is in CD leg of BAT pattern... target ....1942
STOCK is making a perfect bullish rounding bottom pattern... just wait till it breaks the resistance zone... no harm in buying now also in anticipation of break out! likely target upon break out.....1958. notice 100% fib.extension lines up perfectly with MG projection.
The stock is forming a CYPHER pattern......Pattern completion is at 575 level....be ready to buy when it reaches there...
NIFTY index is currently in the 4th wave of correction of intermediate wave...it will be an ABC move as shown in the chart.....A leg might end at 17302 where the B leg of u move will start and might go up to 18k where the C leg of down move may start which will take NIFTY down to 17042
stock is heading towards the meeting point of R3 picot point and the channel top which is at 181.7
reliance infra has broken out of cup & handle pattern...........height of the cup which is 282 is the target for the stock
stock is at a good support....S&R support, Fib.support, channel support etc...etc...all in all, a fantastic buy...
Stock is at trend line support, 38.2% fib.support and channel median support....entry, stop and exit levels clearly indicated in the chart itself..