Divyanshu

Divyanshu

Buy for a long target 1300. Keep SL below 700 because it swings a lot but the fundamentals are very strong and it is a debt free company with enormous growth opportunity. My final target is way above 1300 but let's achieve this first and will provide an update later on.

Divyanshu Updated 

As per my analysis, the nifty is in last upper leg. The max upper breakout is 16,150 level. I would add shorts at current market price 15,890 (spot) with a SL of 16,160 for target 15,550 and ultimate target 15,150

Divyanshu Updated 

TARGET AND SL POSTED ON CHART. GOOD LUCK

Divyanshu

I strongly believe that nifty is planning to go in correction wave "A" or "1" as per EW theory. Any which ways it will send nifty below 15000 levels and from there we will see how it builds up. It is very good time to be in short position or No position for that matter rather than being long on nifty. Refer to chart for EW analysis. Thank you

Divyanshu Updated 

Look at this circled zone. If nifty breaks this zone and gives a closing below 14900 level then massive sell off coming that will take nifty to 14500,14200 or even below. So as long as nifty is trading above this zone, bulls have full control.

Divyanshu Updated 

Sell nifty as I suspect a downward channel forming eventually sinking nifty to 11070 levels. Stop loss 11,662. Sep nifty future is trading at 11550. Good luck