Tcs buy @cmp target target 3359, 3459, 3437 ascending triangle breakout risk reward 1.2 sl @ 3162
Sensex is in the final stage of its cycle wave rally. In the very short run, it may drop towards sub 62k and then rise towards 80k+ towards end of the year 2024. Ultimately, we may see 90k+ till mid 2024 to finish its cycle degree wave III or V.
Gd morning Indian Sensex currently at 63384.58 If weekly close above 64514 and sustains it for another week, then we can see Tgt1 : 70899± Tgt 2 : 75806± From my view Indian Sensex Chart is Bullish. So we can expect the tgt1 in shortterm This is based on my personal view shared it for EDUCATIONAL PURPOSE 🙏
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
WOCKPHARMA has completed a long term correction cycle and now could be a good buy with targets above 2,000 in the long term. The invalidation for this analysis remains at 135.20 (marked level).
SAIL - has completed its long term correction and has started moving up again. The stock is a good pick for long term as it is likely to make new highs in the coming years.
KOPRAN (Log Scale) - The stock has started moving up after correcting almost 80% of the previous wave. This is a long term scenario where the stock will make new highs in the next few months and years.
BankNifty is currently moving higher and will reach the upper trend line before starting its correction. Bullish moves can be expected for the next few months before the index finally starts correcting the larger move.
IOC - Elliott Wave View. The stock is currently correcting and will likely go higher in wave 3.
Cipla Stock is its support Level and taking a good support. With a beautifull Hammer candle but there is no vol activity so it mabe risky,,,,,,, But keep eye on this stock. when you see a opportunity grab it. Do your own Analysis First......
Called the last top in October 21, calling this double top in Dec 22. Longterm bullish on this market but looks like more value to be had at lower prices. 25% target. 31% Stretch target Best, Hard Forky
20 SMA has crossed above 50 SMA in the 30 Mins Time frame, A breakout has also occurred. Nifty 50 looks to turn bullish in the short time frame which can be utilized. Entry @ 17100 SL @ - 0.5% TP1 @ 1.5% TP2 @ 2.0% Note: Only for educational purposes. DYOR before trading or investing.
NSE GRASIM 1W Long Sustain at support & Looking Bullish for long...
The idea is based on the Elliott Wave Theory. The rally in PSU Banks seems incomplete and SBI could reach higher levels before making a corrective move. If the ending diagonal doesn't invalidate, a reversal is likely from the upper trendline.
The idea is based on the Elliott Wave Theory. The price seems to be correcting after making a 5 wave impulse. This could mean further decline in the stock value while it enters the wave (3). Invalidation level remains at the top of wave 1. (i.e 595)
The idea is based on the Elliott Wave Theory. The long term bullish cycle has started from March 2020, and after a 5 wave (impulsive) rise, the price is now correcting (WXY correction). The level of 300 is crucial as it is a strong resistance and also coincides with the 50% fib. retracement.
The stock is likely to keep growing in the next few months as it is breaking out of a large range of consolidation.