FSL got support at 98. Price is getting quizzed, ready for break out. Go long !
TCS completed Elliott corrective wave and begin new cycle of Impulse wave! Also price is getting good support at Fibonacci retracement level of 2950. IF price already broke above triangle, Go Loooooong!!!!!!!
Alas!!!!!!!!!!!! one more techstock identical to TECHM analysis ! So I will just copy past exact text but with HCLTECH price ! HCLTECH seems like it completed Elliott corrective wave and begin new cycle of Impulse wave! Also price is getting good support at Fibonacci retracement level of 0.382 (883 to 908) and reaching apex of triangle. Price already broke out...
TECHM seems like it completed Elliott corrective wave and begin new cycle of Impulse wave! Also price is getting good support at Fibonacci retracement level of 0.382 (924 to 945) and reaching apex of triangle. Watch out for price breakout above triangle and go Loooooong. If price goes up, I will update T1 and T2. If you are long time investor, cash out after 5...
LMND formed Bullish Gartley pattern + inside it there is AB=CD Harmonic pattern. This is further confirmed by Fibonacci retracement at 0.618 and low sell volume. LMND is taking support at 110 to 113. Go long .
TATACOMM price action is pushed to apex of triangle. Finding good support between 1043 to 1063 level. If price breaks above tringle go long !
NATIONALUM seems like it is hitting roof. It is consistent with completion of 5th Elliott impulse and strong resistance. I am expecting short. Let's see how it goes .
BHARTIARTL: First time I noticed Elliott Impulse wave and corrective wave! Looks like it is completing "corrective wave" and still there is place to go down to 516 to 508 where it can find good support! So watch out the price at 516 to 508 and then go long. Let's see how it works .
NMDC price has already breakout for upwards. T1 is at 139.
APPL : formed Bullish Cypher pattern! Currently price is at good support zone and already reversed it direction (above potential reversal zone -PRZ). Jump in now Go long!
TATAPOWER . Very interesting price action! It formed bearish AB=CD pattern and it is further confirmed by very strong resistance at 97.1. But if you pay attention to volume, it is above average! So my guess is that, there is less probability it can go up and high probability price can go down. If price goes does, it can find support at 87.8 and may bounce to...
PETRONET: Sorry for over crowded graph! Seems like price reached apex for triangle and ready for breakout upwards. If it did , watch out R1= Target 1 at 266 and R2= Target 2 at 274. In the long run price can go up to 296.
NMDC in reaching apex of triangle. Wait for price breakout above triangle and then go long.
SAIL formed triangle pattern. Go long take profit at Top most resistance line.
JINDALSTEL. Beautiful price action ! Watch how the price has taken support at different Fibonacci levels (S1, S2 S3 and S4), it is like climbing staircase! Seams like ready to breakout upside! Let's see!
ONGC found good support at 108 to 111. Also price is reaching to apex of triangle with very good volume! Looking very Bullish ! Let's see!
TESLA, since 21 days retail investor are booking profit (as indicated by low volume ). It formed flag! 1 ) taking support at Fibonacci level of 0.5 (675). 2) There is chance that price can go down to 653 to 603 : this is Fibonacci level of 0.612 and consistent good support. 3) Also Price is sneezing in wedge! There is potential chance that price can shoot-up...
USDINR formed bullish Butterfly pattern. Let's s how it works .