Wait patiently for the traingle to complete and buy the breakout...
Buy it and add on dips....SL for longs is 600..profit target 1090..Good risk reward..
Coal india seems to be at the end of the impulse pattern and we can expect a correction soon....The chart suggests short term weakness...Traders can short on any signs of weakness...
Sell bank of india @CMP for tgt of 108 sl 118...Good Risk Reward..
The chart shows larger degree impulse wave followed by a larger degree 3 wave correction retracinf near to 61.8%. The stock can be accumulted for good gains in coming years...
If crude wave structure is like this...It could bounce back sharply....
As said earlier copper completed its retracement....Now it is ready for substantial gains in coming days hopefully with good momentum..
We are reaching short term top in the nifty...The main and akternate count are shown..Both the counts show downside..Short at signs of reversal....
Copper has finished diagonal structure could be a leading diagonal of the minor wave 1 of either 3 or C at high 2.247..now there is clear 5 wave countertrend move visible which is a part of 3 wave correcting sequence...This correcting sequene should end near 2.1...Buy on dipss.......
SAIL seems to have completed its bear market and is poised for a freash upmove...Buy with long term view...
Seems to have completed a tripple larger degree correction...Buy on dips is adviced......
ICICI bank has give 5 wave move from the lows of 180 odd to 260 lvls. Now it has entered correction mode..Sell on rise keeping strict stop of 262..
Sun Pharma after a zig zag correction.....made a higher low....Buy with a tgt of 900
Wockhardt can be bought for medium term with a SL 700 and target of tp1 1000 tp2 1400 and tp3 1800
Lupin after a high 2129 has corrected in a zig zag ABC pattern upto the low of 1280...There was impulive upmove after the low to the high of 1689 which has been retraced by more than 61.8%. NOw a new upmove has started....Buy on dips..
The view on copper seems to working nicely...HOld On...Move has unfolded in two smaller degree 1& 2 waves...SL for the position is 2.064
Silver is in clear bullish trend....Buy @ dips to the lvl of 16.4 - 16.8
Pennar industries has completed a five wave impulsive rise on weekly charts followed by a ziz zag correction which is in late stages....Strategy Accumulate this scrip upto the lvl of 38 and hold....A Multibagger...