kskanth32

kskanth32

View is valid as long as a daily cls below 36800 is seen.. #banknifty looks good for a new Wave formation, since Wave-1 & Wave-2 were ideally formed, Now waiting for confirmation to Wave-3 where the ideal tgt is around 41000+ and a reversal shd see till Wave-4 viz., 39400 range Final Wave-5 would be around 41500-42000+???

kskanth32

As per Wave Theory, BN seems to be preparing to have a biggest short covering to aim the ultimate target of 40500+ but actual short covering would be quick only abv 38200+ spot which is 61.81% of Wave-3 Stop loss for this view of 38.2% on Wave-3 to Wave-4 range viz., 38400 on hrly charts cls basis if its sustained abv, can try Bull Spreads like Buy 39000 CE &...

kskanth32

BN - Bearish Intraday fall can be till 37800 and extend to 38420

kskanth32

#GMDC looks good to aim for 550-1750+ in next 2-3 yrs Reason: If you observe from 2001 to 2008, price jumped to almost, 8.618% on fib (refer markings on chart) Assuming the same trend, and considering the price valuations along with Company fundemantals, expecting this scrip to be Multibagger to touch 2.618% viz., 550+ and 8.618% viz., 1750+

kskanth32

ENGINEERS INDIA #ENGINERIN in 1999 has fallen from 104 to 5 rs... and from 5 rs in 2001 to 265 by 2010 which is almost 2.618% Similarly, #ENGINERIN fell from 265 in 2010 to 50 rs by 2020 which is almost 50% retracement from the life time retracement fibs... (refer markings on the chart)... Continuation of its 10 yrs yield trend, expecting #ENGINERIN to touch...

kskanth32

Bank Nifty on its final Bullish Impulsive Wave-5 ending at 1.236-1.618 from the previous Co-VID time crash low???? The final range of retracement for Bank Nifty assume to be around 40800-45600+ So, any retracement from here should be ideally a no-trade zone, above 45600 new Wave zone anticipated and below 40800, it is a blind sell with stop @ 41500 as interim...

kskanth32

#banknifty #bearish trend Sell #banknifty @ cmp spot 38000-38100 Stop @ 38500 (Weekly close candle abv) Tgts @ 36900-35000+ Spot values

kskanth32

BALRAMPUR CHINNI BUY @ 150 STOP @ 145 TGT @ 160-180 Note: It's preempted Harmonics Chart so the probability of entry with risk reward shd strictly be with the levels given above... Also view negate if close below 145 on Hourly to 4 Hourly charts...

kskanth32

EID PARRY BUY @ 305-310 STOP @ 295 TGT @ 325-350+ Note: It's preempted Harmonics Chart so the probability of entry with risk reward shd strictly be with the levels given above... Also view negate if close below 295 on Hourly to 4 Hourly charts...

kskanth32

KANSAI NEROLAC cmp @ 525-530 SHORT TERM STOP @ 490 SHORT TERM TGT @ 580-600+ LONG TERM TGTS @ 940-1000+ SUPPORT OR STOP FOR LONG TERM @ 350 BELOW CLOSE

kskanth32

BUY EDELWEISS @ 50-55 TGT @ 87-120+ STOP @ 40 Note: This is preempting Harmonics chart... So always be cautious that probability of tgts shall varry since we haven't plotted the levels on completed candles we are pressuming the targets. So have a close and reasonable RISK REWARD ratio. Go n add it in cash portfolio.

kskanth32

AMARARAJA BATTERY Sell @ 930-940 cmp Stop @ 960 Tgt @ 800-760 minimal lvl One can try Jan expiry 900/840 PE

kskanth32

All Time High is what I shd pressume Nifty shd be aiming on Historical charts basis... There is still Half Way down the path for 15500-17000 on its way... Historical breakdown support is currently placed at 12500 and if breaks the channel support is placed at 8365/8400 for any more historical price correction... Any preceded price action shd lead to further...

kskanth32

ZEEL is BUY RADAR Support @ 160-165 Long targets are - 240-265-300-350+

kskanth32

Nifty Bearish AB=CD