NIFTY - PLAN FOR NEXT 10 DAYS AS ON 13 OCTOBER 2019 MOST PROBABLE SCENARIO 1. GO SHORT WITH A SL OF 10400 AND A TARGET OF 11049. THIS SHOULD BE ACHIEVED BY 15 OCTOBER. 2. ONCE THE TARGET IS ACHIEVED, GO LONG WITH A SL OF 10953 AND A TARGET OF 11700. THIS SHOULD BE ACHIEVED BY 22 OCTOBER ALTERNATE SCENARIO NOTE : IF 11400 IS BREACHED, BUY WITH A TARGET OF 11700,...
INDUSINDBK - Buy with a sl of 1340 and a target of 1820 in next 2 months
HDFCBANK can be short sold with a SL of 1223 and a target of 1024
HAVELLS - Short Sell @ CMP with a sl of 682 and a target of 628
ASHOKLEY - BUY WITH A SL OF 59.6 AND A TARGET OF 91 BY MID-OCTOBER
IGL - Go short with a SL of 348 and a target of 298
PETRONET - Short sell with a SL of 273 and a target of 236
BUY WITH A SL OF 218 AND A TARGET OF 260
IBULHSGFIN - GO LONG WITH A TARGET OF 600 IN 2 WEEKS
EICHERMOT - BUY WITH A SL OF 16100 AND A TARGET OF 20000 WITHIN A PERIOD OF 3 WEEKS
WIPRO - Plan for 2019. Short Sell with a SL of 10 Rs and a target of Rs. 60. RR of 1:6 in 4 months
ONGC - GO LONG FOR A TARGET OF 180 BY 2019 END
HDFCBANK - LONGTERM VIEW AS ON 15 DEC 2018 HDFCBANK SEEMS TO BE MAKING A TRUNCATED 5TH WAVE IN THE C WAVE. IF IT DOES NOT BREACH 2142 BEFORE IT BREACHES THE RED 2-4 TRENDLINE (OF WAVE 5 OF WAVE C), IT IS IN FOR A DEEP TROUBLE. THIS WILL IMPLY THE BELOW 1. IT IS MAKING A TRUNCATION, WHICH WILL TAKE THE STOCK PRICE BACK TO 1885 PRETTY QUICKLY. NEED TO OBSERVE THIS...
THE FORMATION COULD BE AN EXPANDING TRIANGLE IN THE B WAVE OR AN ENDING DIAGONAL IN THE C WAVE. BOTH GIVE A TARGET OF 355.
HDFC - SHORT AND MEDIUM TERM STRATEGY
ICICIBANK - SHORT TERM, MEDIUM TERM AND LONG TERM TARGETS