Hi Friends,
Today, I'm posting my EW view on few stocks.
Axis Bank
A clear 5 wave in Wave 1/A seems over. As long as it holds 950 pullback in wave 2/B towards 1160 or 1250 on cards.
HDFC Bank
Corrective decline seems over. As long as it holds 560 a pullback towards 640 seems to be on cards..
HDFC LTD
Corrective decline seems over. As long as it holds 700 a pullback towards 800 seems to be on cards.
ICICI Bank
A clear 5 wave in Wave 1/A seems over. As long as it holds 790 pullback in wave 2/B towards 915 or 960 on cards.
IDFC
As long as it holds the channel support of 95 a pullback towards 115 or 120 seems to be on cards.
LIC Housing Finance
As long as it holds 150 a pullback towards 185 or 195 seems to be on cards.
ITC
The stock is consistently in uptrend. Correction in IVth wave seems over and as long as it holds 305 it might head up to 370-380 in Final Vth wave.
Infosys
Time to move out of I.T. stocks. Infosys still might have upside towards 3200. But post this Rally A huge decline to 2200 seems to be on cards.
HCL Tech.
Another stock which is consistently in Up Trend. The stock still may have upside to 1000. However any rally shall be used to exit longs.
Maruti
A 5 wave decline in wave 1/A seems over. As long as it holds 1250 a pullback upto 1425-1460 seems to be on cards.
Coal India
A larger Corrective decline seems over. As long as the stock hold channel support of 245 a huge bounce upto 310 or 330 seems to be on cards.
DLF
A Clear 5 wave decline from 290-120. As long as it holds 139 pullback to 175-185 seems to be on cards.
JP Associates
Extended 3rd wave seems over. A pullback in 4th wave to 41 seems to be on cards.
Jindal Steel
Extended 3rd wave seems over. A pullback in 4th wave to 260 or 290 seems to be on cards.
Tata Steel
Another Metal Sector stock in Bear grip. Currently seems to be in 'B' of Y.. A relief rally towards 290-325 seems to be on cards.
Thanks & Regards,
Harsh Dixit.
Today, I'm posting my EW view on few stocks.
Axis Bank
A clear 5 wave in Wave 1/A seems over. As long as it holds 950 pullback in wave 2/B towards 1160 or 1250 on cards.
HDFC Bank
Corrective decline seems over. As long as it holds 560 a pullback towards 640 seems to be on cards..
HDFC LTD
Corrective decline seems over. As long as it holds 700 a pullback towards 800 seems to be on cards.
ICICI Bank
A clear 5 wave in Wave 1/A seems over. As long as it holds 790 pullback in wave 2/B towards 915 or 960 on cards.
IDFC
As long as it holds the channel support of 95 a pullback towards 115 or 120 seems to be on cards.
LIC Housing Finance
As long as it holds 150 a pullback towards 185 or 195 seems to be on cards.
ITC
The stock is consistently in uptrend. Correction in IVth wave seems over and as long as it holds 305 it might head up to 370-380 in Final Vth wave.
Infosys
Time to move out of I.T. stocks. Infosys still might have upside towards 3200. But post this Rally A huge decline to 2200 seems to be on cards.
HCL Tech.
Another stock which is consistently in Up Trend. The stock still may have upside to 1000. However any rally shall be used to exit longs.
Maruti
A 5 wave decline in wave 1/A seems over. As long as it holds 1250 a pullback upto 1425-1460 seems to be on cards.
Coal India
A larger Corrective decline seems over. As long as the stock hold channel support of 245 a huge bounce upto 310 or 330 seems to be on cards.
DLF
A Clear 5 wave decline from 290-120. As long as it holds 139 pullback to 175-185 seems to be on cards.
JP Associates
Extended 3rd wave seems over. A pullback in 4th wave to 41 seems to be on cards.
Jindal Steel
Extended 3rd wave seems over. A pullback in 4th wave to 260 or 290 seems to be on cards.
Tata Steel
Another Metal Sector stock in Bear grip. Currently seems to be in 'B' of Y.. A relief rally towards 290-325 seems to be on cards.
Thanks & Regards,
Harsh Dixit.
1 comments:
A advisory like Epic Research helps you in to maximize your profit percentage and make your investments liable by providing you, a highly accurate trading tips.
Post a Comment