rJ68263746

rJ68263746

HDFC - The last up move is impulse A wave cycle. so wait for price correction of B wave to get in to buy set up for one more high. probably 1920- 1870 would a good zone to get in to trade. Give thumbs up if you really like the trade idea.

rJ68263746

EICHERMOT - It has completed impulse at last swing high and now correcting down the price. Within correction it is forming ABC zigzag up move, where B wave as expanding triangle is under progress. Buy the drop of e wave of B wave triangle near 2170-2150 zone for target around 2300. It may reverse than for (Y) wave down along with Nifty. Give thumbs up if you...

rJ68263746

AXISBANK - It is within corrective cycle as ABC zigzag up with 5th wave as diagonal structure in C wave. Sell when price dropped below 459.60 with last high as stop loss in 10 min time frame for target zone near 438-44. Give thumbs up if you really like the trade idea.

rJ68263746

Reliance - It has completed impulse cycle up from major low in 4 hr time frame and correcting down from last high in 30 min time frame as ABC zigzag down. 2nd wave of C wave is in progress, which may bounce up to 2250-80, which is good sell for target up to 2100 or even lower, with stop loss above 2310. Give thumbs up if you really like the trade idea.

rJ68263746

Nifty - It is in the 5th wave of Impulse cycle from Covid major low. It is within 5th of 3rd of major 5th wave in 30 min time frame. stay bullish in pull back near 11770-700 zone for one more high. Give thumbs up if you really like the trade idea.