Adanient - Elliott wave analysis - ABC flat correction It was forming ABC zigzag within (B) wave, where B wave was triangle, so expecting C wave little higher to form larger flat like correction in (A)(B)(C).
BSE
Clean Science is ready to actionRecently broke the downtrend just crossed the EMA 13 this stock is debt-free and it ready to fly.
Infy - Elliott wave analysis - impulse 5th of 5th upIt seems like 4th of 5th of 5th of 5th is about to finish and it start moving higher in final leg up towards 1794 and thereafter it may start correction.
Drreddy - Elliott wave analysis - B of Y wave correctionIt should now bounce in B wave before next move down as C of Y wave. The drop from 5615 was impulse A wave and it should bounce in B.
Coromandel Short Term Breakout TradeThe stock has broken out and looks to take support and took a support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby including 200 EMA .
Risk Reward Ratio - 1:1.
SL is placed below multiple major support zone and previously Lower Trendline and target is place near swing and channel high.
Note: As the market is under selling pressure, enter only after confirming a reversal.
Aurobindo Pharma Medium Term Reversal TradeThe stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA .
Risk Reward Ratio - 1:1
SL is placed below multiple major support zones and target is place near swing and channel high.
Earnings will be disclosed during the trade duration. If not good or the trendline and 200 ema are broken after results, it may be a better option to exit.
Note: As the market is under selling pressure, enter only after confirming a reversal.
Aster DM Medium Term Breakout TradeThe stock has broken out and took a support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby including 200 EMA.
Risk Reward Ratio - 1:1.
SL is placed below multiple major support zone, 200 EMA and previously Lower Trendline and target is place near swing and channel high.
Note: As the market is under selling pressure, enter only after confirming a reversal.
Nifty - Elliott wave analysis - buy or sell ? what's next
It is in correction after finishing the shorter cycle, so from current level, it should start correction up to 16100 or lower level. There is always a possibility of further extension, but buying at current level is too risky. So stay hedged between both buy and sell set up to be risk free.
multibagger alert SPIC CMP 49Technical analysis : it is showing gpt infraproject like graph symmetrical triangle breakout if it remains above 47.50 it will give breakout in upcoming days but if it breaches the treandline it will just take time to go up,
RSI is in oversold zone.
FUNDAMENTAL: 1/ increased revenue in jun 21 quarter
2) increased operating profit in jun21 Q
3)profit before tax 27 crore which is less as compared to previous 32 crores but it is good as compared to other companies performance in this quater due to covid .
best time to buy this stock is now as it is down 20 % in the last month
A SWING TRADE IN BATA INDIANSE:BATAINDIA
BATA INDIA GIVING A BREAK OUT OF RESISTANCE POINT AND NOW MOVING UP FOR TARGET OF 1700++
ONE CAN DEFINETLY BUY THIS FOR AMAZING RETURN IN SHORT TERM
Tatamotors - Elliott wave analysis - double top pattern It already completed impulse at 360 and correcting in ABC zigzag down, where B wave is in progress and expected to end soon and start C wave towards 260.
Bajajfinsv - Elliott wave analysis - Impulse 5th wave It is in 5th of 5th of 5th wave started from the 13855 and can go up to 15500 level before it correct the whole move started last year. As long as it stays above mentioned level, it is bullish, but if it breaks below that level, then it may become bearish and can fall sharply.
Asianpaint - Elliott wave analysis - ABC correction Asianpaint is in B wave correction followed by A wave fall and will go more downside once it finished. There is a possibility of more sideways price action before it start C wave down.
Adaniports - Elliott wave analysis - B of ABC correctionAdaniport is in sideways complex B wave correction and can go up to 780 level before it will end it and start the C wave down. B wave can alternatively form triangle too if price fail to go above wave a of B wave.
Adanient - Elliott wave analysis - ABC correction Adanient is in sideways complex B wave correction and can go up to 1600-1635 zone before it will end it and start moving down for C leg. Above trend channel of abc move (last leg) it can go up to mentioned level of even slight higher. If it failed to go above W wave high of B, then there is a possibility of triangle as B wave.
BSE LTD.NSE:BSE
Head and Shoulders indicate change in trend , but at small term channel top , comming back to restest would be a beautiful buy...keep an eye
AAREY DRUGS #AREYDRG BULLISH TRENDINDICATOR ANALYSIS:
PLF - Profit chip in control, Losing chip 0%
TREND WAVE - Mid of uptrend, just start another round of uptrend after pull-back
Ultracemco - Elliott wave analysis - 3rd of 5th waveIt is in 3rd of 5th wave up and expected to continue uptrend above 8200 level in current sequence. Any sideways corrective move can be used as buying opportunity in 30 min time frame.
TataSteel - Elliott wave analysis - 5th of 5th wave It is in 5th of 5th wave with high degree of slope and therefore expecting it to continue go higher up to 1580 as target zone in current cycle.
IOC - Elliott wave analysis - ABC zigzag bearish sequence it is choppy in 2 hr time frame and drop was impulse wave A, so expecting a bounce of B wave up to 110 before it go down further as C wave as ABC zigzag down.
Asianpaint - Elliott wave analysis - ABC correctionIt completed the impulse 5th wave as discussed in previous update. The drop was more like a wave A impulse, so any three wave bounce will be a short sell trading opportunity for C wave as ABC zigzag down as far as price remains below 3180.
BATA India Medium Term Break-Out TradeThe stock has broken out and took a support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby including 200 EMA .
Risk Reward Ratio - 1:1.
SL is placed below multiple major support zone and previously Lower Trendline and target is place near swing and channel high.
Note: As the market is under selling pressure, enter only after confirming a reversal.
ONGC Short Term Reversal TradeThe stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA .
Risk Reward Ratio - 1:1
SL is placed below multiple major support zone and target is place near swing and channel high.
Try To Exit before earnings disclosure if profit reaches around 10%.
Note: As the market is under selling pressure, enter only after confirming a reversal.
