tanrakesh

tanrakesh Mar 29, 2022

likely target of 5th wave 633, 45.54 and we are near to it. RSI OF 93 in weekly chart shows script to be highly overbought and shareholder number falling drastically due to which liquidity squeeze makes the price of share to rise, value of share is stretched selling is advised on rally tomorrow it might make a a hanging man .

tanrakesh Mar 27, 2022

it is in a strong uptrend and we have a third wave target of 627or 633 or 637 let us see which target is hit tomorrow .sell on rally as RSI in weekly chart is above 80 and stock looks ripe for decent correction after rally ATR 56 means high volitility ultimate oscillator also overbought. Public holding in stock is only 36600 person holding 30 % as of DEC21.

tanrakesh Updated  Mar 26, 2022

3rd wave target of 199-200 and channel resistance is near. Though their is rumor of bonus in market as company is doing superb and bumper profit expected in 4th quater result. Since last bonus was about 14 years ,presently company has a book value of 140 rs which makes it ripe for a bonus

tanrakesh Mar 24, 2022

MOIL Limited is a Miniratna, Schedule 'A' PSU. It operates 11 mines all over India & has ~ 50% share in domestic production of manganese ore. Elon Musk announces Tesla is working on new manganese battery cell - Electrek bit.ly #Tesla #ElonMusk Manganese prices rise in China.TECHNICALLY H &Shoulder formation and elliot wave gives us a target of 3rd wave atRs 280...

tanrakesh Mar 15, 2022

after completing 1st up move nifty to correct to 228 (1st support)or 50% retracement 224 or 61.8% retracement at 220 for 2nd down corrective wave .Once takes support 3rd wave to take it to 280 level.

tanrakesh Mar 12, 2022

ITC has completed 5 wave upmove in 1st wave likely to find support at 224-25 or fibo retracement as marked in chart accumulate at lower level as 3 wave down move in progress.

tanrakesh Mar 9, 2022

gspl at its support zone having positive divergence buy with a stop of 262 for a target of278.one of the gas producer being recommended by analysts .One of the GAS and OIL stock

tanrakesh Mar 8, 2022

consolidating in a range of 760 to 775 from last three months having great book value of above 1000 rs and good dividend yield stocks looking good on chart buy with a small stop

tanrakesh Mar 7, 2022

with rising raw material prices of manganese moil to benefit .Technically inverse head and shoulder formation and completion of 2nd wave stock to rise vertically to 222, 280 stock is also having good yeild of 4 %. last year dividend of rs 7.4 and this year interim dividend given rs 3.. final dividend of about rs 5 expected after seeing result of present year.

tanrakesh Mar 7, 2022

we are moving toward our target of 3rd wave 180-86( previous top 2 oct 2017 rs 181 and 03 dec 2012 rs 222 and 01-11-2007 all time high of 315 cum bonus) and if crosses 187 with volume we are heading toward 208-10 zone Use super trend 10.2 and MACD and fibo retracements as your tools. This year also expect bonus 1:1

tanrakesh Mar 3, 2022

we have a target of 180-81, if crosses 183 will target 222 . Super result with Bonus expected as more then 14 years since last bonus and Book value more then 125 Rs

tanrakesh Feb 10, 2022

in third wave once crosses 408 will show real power and target of 416,24 on small time frame and 512 on large frame

tanrakesh Feb 10, 2022

after breakout from falling trend line --first wave from 320 to 404 and second wave correction upto 383 done now we are in 3rd wave having a target of above 500 ,595.640 on day chart

tanrakesh Feb 8, 2022

we have ended 1st wave near to 406-7 now buy near to 377-80 level 2nd wave support once takes support our target calculation of 3rd wave will be given .

tanrakesh Feb 8, 2022

buy with a stop of 225 ,once crosses 235 will show real power for a target of minimum 245 fb extension shows a target of 280 if it does not break yesterday low.

tanrakesh Feb 7, 2022

first target of 58-59 where trend line resistance exists once crosses then target of 3rd wave marked for you in chart

tanrakesh Feb 7, 2022

gspl is rising with rise in crude prices we have a price target of 363,384 of5(iii)wave presently going on

tanrakesh Feb 6, 2022

first wave complete into second wave probably heading toward 227-28 level fibo retracement level i.e 2 nd down wave . buy near to 227-29 level where 3rd wave to began for a target above 245. 260,280 level