IOC forming flag after a bullish impulse. Dividend date near. TP: 260
DrReddy is forming a good ascending triangle. Pharma/Hospital companies are rising lately with some good earning calls. A close above 6000 would lead to new highs. SL: 5500 Targets: 6450/7200
IGL breaking out of 3 year long trend-line/pennant, 2 year long cup&handle with some good volume. TP 595/800
Perfect ascending trianngle on 4H, 1D timeframe. ABCDE Elliot Wave complete. Breakout and retest successful. TP 310/440 SL 170/150 Push for sustainability globally is a huge plus.
Astral breaking out of long term ascending triangle, moving in a channel. Short term targets 2575, 2900. SL 1900
PetronetLNG breaking out of 4 year long range/pennant consolidation. Target - 410 / 600
IRCTC strong break from pennant amidst red candles across the market. Target 760-890 SL 615
Dixon has been following Fibonacci levels quite well. With increased import duties and government pushing for make in India, the breakout seems to go for first Target at ₹6150
Weekly close as a green candle would confirm the breakout. T1: 0.028 - 0.029
A couple of days and we will be all set for round 2.
Support is strong. BTC is interfering now and then. But unicorn aims $1000+.
Following Fibonacci perfectly. Shooting for stars.
Should break within 24 hrs for the next leg.
I had analysed this on 28th December. Was holding it to confirm the breakouts. Even the Fibonacci is obeyed with an upward trend. It's not late yet. This beast with partnerships will burst. The symbol very well indicates that it is indeed a rocket mooning.