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The ending diagonal pattern suggests a retracement coming after the pattern completion. Price may begin to turn downside around 1,15,000.

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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).

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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.

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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.

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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.

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IOC - Elliott Wave View. The stock is currently correcting and will likely go higher in wave 3.

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BANKNIFTY - Correction taking place in WXY structure. The index will likely drop this year as a part of correction.

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UPL - Elliott Wave View. The downward correction remains pending with the formation of triangle. Invalidation at the high of wave E.

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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.

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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)

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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.

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The stock is likely to keep growing in the next few months as it is breaking out of a large range of consolidation.

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The idea is based on the Elliott Wave Theory. The current price seems to be corrective in structure which suggests another wave Y could unfold driving prices to the previous levels or lower.

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The stock seems to have completed a 5 wave structure (expanded) and could start its correction phase ahead. The idea is based on the Elliott Wave Theory.

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HDFCBANK - Elliott Wave Theory. The price seemed to have made a corrective pattern which suggests another bearish wave. Invalid level remains at the previous high.

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The idea is based on the Elliott Wave Theory. Nifty has made 5 waves down (Impulse 1), and could start moving downwards again after a small correction (50-60%). Long Term View:

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The idea is based on the Elliott Wave Theory. The current upward momentum is very low and the price is moving in a corrective structure. A downward move is likely from the current resistance zone (or a possible likely scenario with 61.8 fib correction). A move over 18480 invalidates this idea.

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BPCL - Elliott Wave View. Pattern suggests a triangle formation, which means a bullish scenario is likely from this level. A move below 300 would be an invalidation to this idea.