Long correction is encountered IN JUST DIAL...Buy with medium term view....
There is a trainggle breakout...Should reach four figure..
Infosys after sharp fall from ending diagonal might retrace upto 50% of fall in the form of B wave..before resuming downtrend again...SL is recent low of 1007..tgt 1140
There is break of rising channel..Suggesting short term weakness towards 300 lvls..There is impulsive decline from 364 to 300 lvls...Currently retracement is going on which looks incomplete...There are two movements possible either we break up from the small channel towards 350 levels...and then come down to test 300...other possibility could be we test the lower...
Watch the price action near the rising trendline....Break of the trendline will start of the short term downtrend..TGT 310...
Silver since the Dec 2015 lows has moved substantially higher...Lookk at the wave structure shows that silver advance is overlapping -- Leading diagonal fashion...The leading diagonal seems to have finished at high of 21.1...Now there should be a good deepreatracment which should take silver to around 17.5 lvls...
Buy United spirits with a stop at 1980...
We have seen a five wave impulse from the low of 129 to the high of 220...Scrip is in correction mode now. We will assess how the correction progresses....If the move from 129 was an impulse we should hold the low of 129....Violation of 129 will set in tripple correction....Strategy is to buy @ 50% & add @ 61.8% retracements and hold with stop of 125..
Tata Power completed cyscle degree wave 1 & 2...Chart shows nice 5 wave impulse and good long tripple zig zag correction...We can count this as wave 1 & 2 of the cycel degree 3 wave....Buy at all dips....and hold for long term....
Buy apollo tyre for tgt of minimum 182
Subex after a long downtrend has made a higher high....and reatracing....There is a nice Cup and Handle formation in progress...It should provide good returns....Buy the breakout investors............
Sell maruti at every rise with tgt of 4560 & 4460
This stock will do wonders in the months to come...Buy it on dips...
Chart shows completion of the 4th wave and likely start of the 5th....Buy NG with minimum tgt of 3.
There is double top formation noted...
Godrej ind after making a high of 502.6 on 17/12/2007has witnessed a sharp correction till 46 on 24/11/2008..This can be labelled as larger degree wave (1) and (2) ..After this low it has been making higher highs and higher lows on weekly charts..4 smaller degrees 1,2 of the larger degree third can be identified...This scrip will be a multibagger in coming...
Chart shows an impulsive followed by a good correction...Buy this stock on all dips for tgt of 127...