Tata steel crossed 885 levels which were long term resistance since 2007 . levels are marked on the chart . I am mega bull on Tata steel with price discovery around 3500 levels .
51k is the target and then we see a crash.
Certainly a downtrend since a month has been observed. Now according to market/bankNifty movement, a. decent breakout is expected in the short run.
All the levels with green line are a buy call and with a red line are shorting levels.... For me now bank nifty has entered into a bullish territory and won't bank nifty now till any sign of weekness. I will try to buy on dips bank nifty but only till I find a good risk reward and again I remind you downside my all targets of nifty and nifty Bank are not yet...
hi there market is on a confusion area thats why i want to wait for level to reach. i am a reactive not predictive. but at this current situation market need a pullback to grab some liquidity and for this market need to go down. my all areas are shown for reactive market. wait for it. and i inform all the major news for this areas
It is in B wave correction of ABC zigzag down of (Y) wave as expected earlier. It is probably go higher up to 2100-2140 range before it start C down.
It is in B wave as abc correction in larger ABC zigzag corrective cycle down. C will start once the B wave will finish the corrective move.
It is in 2nd of 5th wave up and the stop loss for the set up is 1359.25. It will go above 1600 to finish the cycle.
It is in 5th wave of larger degree. The internal 4th of 3rd wave is in progress and will go up once it finished sideways correction.
It completed 5th wave of impulse cycle of larger degree from major bottom and therefore it should correcting down. But wait for impulse down wave to confirm the down sequence. If it is moving in sideways then it is probably extend the 5th wave up and go higher much more.
It is in 5th wave down and will drop up to 124-121 level.
It is in abc zigzag move as B wave of ABC zigzag down, which is about to end. Then C wave down will start unless B wave will form complex sideways correction. If the drop will impulse down, then there is a chance of C wave down.
It is in 4th of 5th of 3rd wave of larger degree. The sideways pull back is a long opportunity for 5th wave up in 30 min time frame for target around 900 or higher. The stop loss is below 755.30.
Tatamotors is ready to move upwords will update u the levels where to buy. follow me to know the update and get multibagger stocks every week.
Bears must have been happy to see the rising wedge formation all this while when the V shaped recovery resumed to claim the former top but cooled off at ~39500. The rising wedge formation did validate for a while and shared the target of ~34500 from a 'measured move' perspective. Note the divergence from the RSI while it tends to form a falling wedge which is the...
It completed impulse at last top. The down move is abc zigzag so expecting sideways correction, means initially it will bounce and then fall again down below 280.
It dropped in zigzag wave, so it is possibly bounces in zigzag or flat correction as wave (X) (or B) wave. The current move is the part of (X) wave and bounces up to 7600 to 7800. Then only it will go down in next zigzag down. In bigger time frame it can form ABC flat also and in that case it can go up to 8200 level as alternate count.