GODREJ CONSUMER PR - The BAT pattern The target at Point D is still active, with a SL as AVWAP from demand zone. P.S - Add in cash only as the time frame is wekly.
CCL PRODUCTS - Mother candle formation entry - weekly close above 572 Target - 2x, 3x SL - Range bottom
AXITA COTTON - Confluence of mother candle + rounding bottom breakout. Target = 10 Points SL - Red trend line
SRF - High probability mean reversion candidate One can maintain a SL of 2000 for a target till red line.
NIFTY - RSI convergence at max POC support accompanied by presence of a demand zone. 1. To the best of my knowledge, a short term bottom has been formed here. 2. However, swing lows can be formed ahead to trap sellers on account of budget. VERDICT - sideways to bullish but no fresh ATH
PIIND - A weekly close below point B will invite a downside target of 300 Points. Wait for affirmative closing because Point B is also a very strong reversal Point.
ULTRACEMCO - Confluence of shark harmonic accompanied by mother candle breakdown An immediate target of 6500 is eminent here.
AXIS BANK - Potential short A daily close below Point B will invite a downside target of 856. Wait for entry to trigger
KABRA EXTRUSION - Elliot wave 3 Fresh entry - Weekly close above 564.45 Target - Point 3 & 5 SL - 435 Note - This is a weekly set up. Targets will take time. Please plan your position size accordingly.
CAMLINFINE - Perfect AVWAP set up Entry - Weekly close above red line Target - Rounding bottom
POLYPLEX - High probability reversal of polarity set up accompanied by POC support. One can add here with a SL of 1460. View - medium term
NFL - Deep crab harmonic Target mentioned on chart. One can go long with a SL of black trendline. P.S - This is a monthly BO, targets will take time.
TRACX - Expansion compression near ATH A daily close above 104 will invite good bullishness
FINOLEX CABLES - Extreme crab A daily close above Point B (565.50) can take the stock till Point D. The short term targets will be - 1. 590 2. 631
KPIT TECH - Strong accumulation near AVWAP from demand & supply zone. Might give a fresh ATH breakout here. One can maintain a SL of AVWAPs.
IDBI BANK - Confluence of AVWAP from demand & supply area A weekly close above 62.50 will be strong bullish breakout.
PRECISION WIRES - Rounding bottom formation entry - Only above 88 daily close
REC - Typical Wyckoff accumulation A weekly close above red trend line can take the stock to 138 / 144 / 153 Levels.