SPX5000

SPX5000 Updated 

Short Term Target >13,294 Medium Term Target >14,500 + Long Term Target >20,000 +

SPX5000 Updated 

The short term target at 2578 was achieved and market gave a pullback to our buy zone 2540-2548. Assuming 4th wave low at 2544, the minimum upside target is projected at 2589 . Good Luck.

SPX5000

Nifty has really struggled to gain much further from 10,340 levels hit last week after the bank recap announcement. Nifty has moved slowly and steadily with overlaps from the low of 10,241 which has alerted me to the possibility that Nifty might be forming an ending diagonal . I will give it a low probability at the moment as there are no signs of weakness in the...

SPX5000 Updated 

Short Term 1040+ Medium Term 1100+ Long Term 1400+

SPX5000

Yes Bank in a 4th wave pullback . Good stock to accumulate between 300-250 in your portfolio for a minimum target of 400+.

SPX5000

Nifty achieved the minimum target set at 10,339 but has languished at around 10,300 levels. Let us look at possible scenarios now, Scenario 1 : The blue line where Nifty completed an a-b-c at 10,295 and started a new wave and will continue the uptrend Scenario 2 : The red line where Nifty is undergoing an ir-regular A-B-C which will complete closer to 10,240 odd...

SPX5000

As discussed in my previous analysis I mentioned that Nifty would probably have made the 4th wave low at 10,123. Assuming that Nifty restarted its upward move from 10,123 ,the minimum projected target is 10,339 but it could extend much higher to even 10,570. Keep your long positions intact till we see an impulsive 5 wave fall which will signal the end of the rally...

SPX5000 Updated 

Short Term Target 2578+ Medium Term Target 2600+

SPX5000

Microsoft currently trading in 3rd wave which can extend till 112 if wave 3 projects 1.618 times wave 1. Medium Term Target > 112+ Long Term Target > 130+

SPX5000

Petronet LNG is extending as part of the 3rd wave as so don't expect much pullbacks . A good stock(technically and fundamentally) to have in your portfolio as it has a lot more upside potential from current levels. Short Term Target > 300+ Medium Term Target > 350+ Long Term Target > 400+ Good Luck.

SPX5000

Apple might be nearing completion of a major 5 wave impulse. As per my analysis the 5 wave completion is expected to be around 177-195 levels, so it would be a wise idea to hedge your long positions around those levels. Another possibility is that Apple is still trading within the 3rd wave so can extend further from the current levels. Just turn cautious but never...

SPX5000

There is a very high possibility that Ashokleyland is nearing a major 5 wave completion.As per my primary wave count we will form a top between 130 and 140 so watch out for an impulsive 5 wave fall to initiate trades . The alternate count is that we are in wave 3(3) in which case the price will push higher much beyond 200, but the probability of the alternate...

SPX5000

Short Term Target - 1040+ Medium Term Target - 1300+ Long Term Target - 1600+

SPX5000

Nifty seems to have completed wave 3 of the move that started from 9687. Assuming wave 4 low was made yesterday at 10,123 the minimum projected target is 10,339. There are two possibilities Possibility 1: The move ends below 10,557 and we get a correction amounting to 50%-61.8% then the move from 9687 could be wave 1 Possibility 2: The current impulse...

SPX5000

Euro has been struggling to break out of the 1.17-1.19 range for a few days now which has lead to the possibility of a triangle that is evolving. It is quite early to assume a triangle but keep an eye out for the triangle possibility. If it turns out to be a triangle then the possibility of a new impulse from 1.1668 will be pushed back as we will have one more leg...

SPX5000

New 5 wave impulse from 1.1737 levels which could be wave 1 of either a wave 3/wave C. Either way Euro headed higher as long as 1.1737 holds. Short Term Target 1.1800+ Medium Term Target 1.1940+ Long Term Target 1.22+

SPX5000

The possibility that Tesla ended its correction at 330 levels is quite high. The move 330-360 looks quite impulsive which could be wave 1 of the new impulse. As long as Tesla remains above 330 the chances of a rally towards 370 levels is quite high, it could be either a wave 3 or wave c of B. Short Term Target 370+ Medium Term Target 450+ Long Term Target 600+

SPX5000

As per my primary count Nifty will complete the first wave next week somewhere around 10,200-220 region. Once completed I expect a pullback to the region of 100,50/9950 after which the wave 3 will take Nifty to at least 10,500 region. My secondary count is even more bullish where Nifty is currently in wave 3 of 3 which started from 9955 level, in this case Nifty...