MY ANALYSIS

ABAN:
CHANNEL BREAK OUT IN STOCK. PRICE IS TRAILING NEAR NECK LINE WAIT FOR BREAK OUT
TARGET-446,428,417,390

AMBUJA CEMENT: 

TARGET-152,145,141,138 

ALOKINDS:  

TARGET-19.7,18.7,17.3 

MY ANALYSIS

GSPL

PRICE FORMING DOUBLE BOTTOM ON CHART. AS WELL IT SEEMS LIKE CUP AND HANDLE PATTERN. ACCORDING TO ME STOCK IS SOME WHAT BOTTOM OUT. BUT CONFIRMATION AS WELL TARGET CAN CALCULATE AFTER BREAK OUT ON EITHER SIDE. SO KEEP TRACKING

INFY

INV H&S IN STOCK BUT WAIT FOR CONFIRMATION 

BUY ABOVE 3000

TGT-3300,3500

MY ANALYSIS

DR REDDY

PRICE IS TRAILING NEAR TO THE LOWER BOUNDARY OF A CHANNEL SO THE 1618 IS VERY GOOD LEVEL.

SHORT AFTER -1618
TARGET-1577

IF PRICE HOLD 1618 FOR 1-2 DAYS THEN TARGET WILL BE 1666 WITH SL OF 1618.

FEDERAL BANK

SELL AT -408
TARGET-398,380
STOP LOSS-410.

                                                                             

IBREALEST

ELLIOT WAVE COUNT SHOWING CORRECTION MINIMUM TO 41. BUT CORRECTION WILL NOT FORM IN SUDDEN WAY. IT CAN TAKE 4-5 WEEKS FOR TARGET

ICICI BANK

 PRICE IS TAKEN THE SUPPORT AT LOWER BOUNDARY OF UP WARD CHANNEL. SO 917 IS GOOD SUPPORT FOR THE STOCK. IF STOCK WILL BREAK THAT LEVEL AND SUSTAIN BELOW THE 917 THEN TARGET WILL BE-863,821,778 WITH STOP LOSS OF 917

IDBI

104-105 IS GOOD SUPPORT FOR THE STOCK. IF IT WILL MAINTAIN THEN FARTHER MOVEMENT OF STOCK IS AS PER THE CHANNEL.

SELL AT -104
TGT- 93
BUY AT -106
TGT- 114

DLF

DLF IS SHOWING MOVEMENT ON BOTH SIDES. FOLLOW THE GREEN TREND LINE.
SELL BELOW-224
TARGET-216,206,201,190
IF PRICE HOLD THAT LEVEL THEN TARGET WILL BE 235,260

HIND UNILIVER

H&S PATTERN IN STOCK

SELL BELOW-380
TARGET-344

NIFTY

BRAKED THE LOWER BOUNDARY. I THINK PRICE IS IN CORRECTIVE PHASE. SO HURRY TO LONG. AND MAIN THING IS PRICE COVERED THE PREVIOUS GAP AND CLOSING IS BELOW THAT. IT IS FIRST TIME DONE FROM 4608. THERE ARE CONTINUES EXHAUSTION GAP IN DAILY CHART.

INFY

INV H&S IN INFY. BUT OSCILLATORS GOING TO OVER BOUGHT SO RETRACEMENT IS EXPECTED. ACCORDING TO ME, FIRSTLY IT WILL RETEST THE NECK LINE THEN AGAIN START THE FARTHER MOVE. PATTERN TARGET IS NEARLY 3500.(SL- NECK LINE)

TCS

INV H&S IN TCS. I THINK IT IS NOT A STRONG PATTERN, BECAUSE OF THE TREND LINE IS STRAIGHT.

RISKY TRADE- BUY TCS WITH SL OF WHITE TREND LINE.

IT IS WEEKLY CHART OF TCS. THERE IS TRIPLE TOPS IN TCS. INV H&S IN WEEKLY CHART ALSO. BUT BUY THE STOCK ABOVE THE UPPER TREND LINE. IT IS ACTING AS BIG RESISTANCE.

SELL TCS BELOW THE NECK LINE, BECAUSE OF TRIPLE TOPS.

icici channel

RESISTANCE- 991-95 IF IT BRK THEN
TGT-1003,1028

IF IT SUSTAIN THEN
TGT-964,954,931

nifty channel

 TARGET IS UPPER BOUNDARY WITH STOP LOSS OF MIDDLE BOUNDARY

MY NIFTY VIEW

IF WE SEE THE WEEKLY CHART OF NIFTY. THERE IS LONG LEGGED DOGI FORMED IN WEEKLY PRICE MOVE. NIFTY IS RESPECTING THAT TREND LINE WHICH IS DRAWN IN THE CHART. THIS PATTER HAVING CONFIRMATION OF NEXT CANDLE (STRONG VOLUME+RED CANDLE).

SO IF YOU THINKING ABOUT LONG YOUR POSITION THEN WAIT FOR BREAKING THE LEVEL OF 5420-30 AND SUSTAIN ABOVE THAT LEVEL.

NIFTY IS COMPLETED HIS JUST 50% RETRACEMENT. BUT ALL ARE TALKING ABOUT BULL RUN. THIS IS TOTALLY CLEARING ABOUT OUR PHASE. YEAH PRICE STILL HAVING UP SIDE TO 5640-60(38%).PRICE IS HAVING GOOD SUPPORT AT 5218.

 WHO ARE THINKING THAT THE NOW MARKET IS BOTTOM OUT THOSE PLEASE SHOW ME THE (a-b-c). RETRACEMENT WAVES ON GRAPH. SO THIS UP MOVE CAN CONSIDER AS b WAVE.

PRICE COMPLETED 100% FEBBC TIME RETRACEMENT (4-11 TO 23-12). SO AT LEAST CORRECTION IS EXPECTED.

channel in nifty

DLF- Inv H&S

dlf seems to have target of T1-240, T2-260/270.

NIFTY- price is trailing at major resistance level

inv H&S in nifty

channel in in RIL

SEE THE LEVELS IN RELIANCE AND NOW IT SEEMS LIKE DOUBLE TOP

nifty channel

price is moving in channel. don't be more bullish. wait to break upper boundary to confirm.

nifty channel

moving in channel and tk support at lower boundary. now completed 61% retrc of yestd's fall. FOLLOW THE LEVEL DO NOT EXPECT BIG MOVE TILL PRICE TRADING IN CHANNEL.

Sell DLF with stop loss of trend line.

check rsi(42) magic on hourly chart

wave count in nifty

 HOURLY CHART

Nifty is moving in channel. Nifty is closed at 61% level of wave 2(i). I think wave 3(iii) of nifty will be started tommorow. 

STOP LOSS OF WAVE PATTERN- 4920-4940


REFER LAST THREE POST.......

wave count in nifty

As per my previous post, nifty is moving in channel. And it taken resistance in the range of 4855-4850. If it will respect that level then farther move will start, that is 3rd wave. if it break that channel line then next resistance level to nifty is 4883 - 61% of febbc level of wave 2(i)


Another thing is still gap have ti fill which is at 4920 and this level is also nearly to the  76% of  febbc level of wave 2(i)  


please refer last two posts.