HDFC - It has completed A impulse down and will bounces off in B wave up. Sell once the B wave gets finished for C wave down in zigzag formation for target below 1850 or lower. Give thumbs up if you really like the trade idea.
HINDALCO - It dropped in A wave impulse cycle, so wait for B wave bounce up to 175-181 zone. Sell in that zone with stop loss above 187.75 for target below 160 or lower. Give thumbs up if you really like the trade idea.
HDFCBANK - It has completed impulse cycle up side. The drop was corrective W, which was about to finish and bounces off in X wave. After bounce it will again start bearish cycle. Give thumbs up if you really like the trade idea.
HCLTECH - It has completed ABC flat correction as the part of complex WXY. Now X wave is in progressing. So wait for X wave to finish higher around 880 or above. Thereafter Y wave will again start bear cycle downside. Give thumbs up if you really like the trade idea.
EICHERMOT - It was dropped in diagonal wave A and will start correcting in B wave up, so go short near 2175-2230 zone with stop loss above 2304 for target below 2040 or lower. The pattern ABC will be the part of (Y) wave down. Give thumbs up if you really like the trade idea
INFRATEL - It was dropped in diagonal wave A and correcting in B wave, so go short near 190-196 with stop loss above 206.10 for target below 167 or lower. It will unfold in simple ABC zigzag pattern. Give thumbs up if you really like the trade idea.
adaniport - It is in ABC zigzag correction, where B wave was wxy complex correction, which was already over. The price is outperforming the Nifty. So go long near 354-349 with stop loss below 341 level for target above 376 or higher. Give thumbs up if you really like the trade idea.
JSWSTEEL - It is in impulse cycle from major bottom and extending the gain in 5th wave up. Buy in pull back near 312-08 zone with stop loss below 298.40 for target above 332 or higher. Give thumbs up if you really like the trade idea.
INFY - It has completed bigger cycle up in 30 min time frame and now correcting down in abc cycle, where c is in progress and subdividing. sell near 1134-44 zone with stop loss above 1158.10 for target below 1088 or even lower up to 1072 as there was a price gap. Give thumbs up if you really like the trade idea.
ICICIBANK - It has completed zigzag in 30 min time frame since last swing low. It seems correct down now from major top in ABC, where B wave looks possibly a triangle. Sell with stop loss above 428.60 for target below 400 or lower. If it turn out as B wave triangle then price will go down directly below 413.50 and the fall will expected to sharp down. Let's see...
HINDALCO - It is in ABC zigzag cycle from last bottom as shown in the chart from last bottom, where 4th wave of C wave is in progress and may finish soon. Go long with stops below 179.50 for target above 188 or higher as medium odd trade set up with small quantity. Give thumbs up if you really like the trade idea.
EICHERMOT - It is in complex correction and the last fall in 15 min time frame was impulse down as wave A and need to correct higher in wave B. So sell it with stop loss above 2303.10 level near 2220-45 zone for target below 2100 as C wave as the part of W of (Y) wave down. Give thumbs up if you really like the trade idea.
INFRATEL - It is in double zigzag WXY, where W and X waves are already completed. Sell for Y wave down with stop loss above 206 level if price bounces up to 197 level for initial target of 180 zone. Thereafter expecting bounce of B wave as labelled in the chart. Give thumbs up if you really like the trade idea
RELIANCE - It is in final wave of 3rd wave down of C wave within ABC zigzag down in 60 min time frame. stay bearish for new low as target around 2085-75 zone. Thereafter it may bounces off from bottom to make 4th wave higher as corrective cycle. Once 4th wave over, it will again go down in 5th wave of C down to complete the full cycle and make a lowe below...
AXISBANK - It seems one impulse cycle ended in 30 min time frame from last bottom and need to correct down. Sell with high as stop loss as 515.60 level for downside 490 or lower target as medium odd trade set up. Give thumbs up if you really like the trade idea.
BANKNIFTY - It was completed ABC zigzag up move. It may moving down in possible ABC flat correction down OR it may extend the C wave further if price crosses above 24819. So stay bearish until price remains below 24818 for C wave down as mentioned in chart. Above that price zone stay bullish for C wave extension. In both cases stay small in size with tight stops. ...
NIFTY - It has two probability as either 5th wave extend further in diagonal structure OR it will correct down in ABC structure. So as far as price remains below 12023.90, stay bearish, but if price crosses above that level than price may form diagonal in choppy fashion. Sell with stop loss above 11975 for down cycle C wave for target up to 11750-650 zone with...
HCLTech - It is in C wave down in ABC cycle after impulse cycle ended at new high. Sell with stop loss above 892.20 in bounce near 870-80 zone with small quantity for target up to 820-800 lower.