The entire move from the Flash crash level of JUNE 4 on ZOMATO Targets at lower levels marked, should hit the 0.618 FIB level if we see move below 226 where it stopped yesterday. May not break 200-207, wick down to 200 possible but likely to hold barring a major sell off Stops below 200 for short term trades when it does come down to 210 odd
Hero Motor Corp- Almost a 3x from March 2023 to Sept 2024. Now under a severe correction, macro and tech factors in play. Demand zone is 3600-3850, if breaks crucial 4K level. Sideways in that zone will be good for accumulation for target back 4500+. Large caps getting attractive in this fall.
A clear breakout on the weekly close will target the ATH for Praveg. Its forming the pattern since it corrected from its high, till the breakout, trade in the range
Hero Motor broke out of a crucial level at 2900 where multi month resistance was seen. Post that its rise was halted at 6K+ and now its testing a crucial level of support- 0.618 FIB level , break of which can be bad for the stock -mid term. Correction is heavy on this stock, should watch this level carefully over the next 2-3 weeks.
HBL- range bound, like many stocks. Should be testing the lower end at 560-570 again in a weak market, ideal entry point for a good 15% or more.
Possible bull blag formation, trading in a channel. Levels mentioned below on the break of this channel where buying can be initiated. Break above will target its ATH 2K or above. Good to accumulate on dips.
RIL- Broken down below crucial price zone, testing the 200 W MA, break below that will target prices mentioned. If we do see Index break and RIL 1000-1050, IDEAL entry point, can get 20-25% most likely.
After 9 years RIL- Reliance is ending the year with -ve gains for the year! A slight concern, or a possible opportunity?
Potential BULL Flag on the weekly- break down will target 610-620 and invalidate this, a break above will target 1200+.
Suyog Telematics- at crucial support. Break below and target 0.382 FIB which is also in line with the last wick down level hit.
Possible Bear Flag, Break of the channel can lead to testing levels below 2000
Uniswap made a triple bottom and now a W pattern in play possibly, very strong resistance at 23.5 zone, if crosses and closes above, target of $31 highly likely. Go short at resistance or long above.
Bitcoin forming a rising wedge pattern, support breaks then first target 31.5 where strong support, then 30.8 zone.
BTC has been in a descending channel, tested the upward end multiple times, had a fake out but failed, its going to test again. Keep an eye for resistance to short or long post break out.
BTC in a smaller descending channel and then a higher descending channel. Price zones marked. Forming a perfect symmetry you can see levels to expect. A test of smaller channel and then the bigger channel maybe coming