ANGELONE, ABCAPITAL, DBL & BAJAJAUTO Tips & Update

Do you remember NSE Angel one stock research report?
Click Here – ANGEL ONE: ELLIOTT WAVE-BASED SWING SETUP

BEFORE

Angel one had accomplished the final impulsive wave five and was falling to correct the structure. Price has also broken down to 200 EMA.

AFTER

I had mentioned in clear words”, If the price breaks down the low of wave A, traders sell for the following targets: 1202 – 1123 – 1024.

[17 June 2022]

• 9:15 AM – Angle one reached the first target of 1202.

[20 June 2022]

• 11:23 AM – angle one hit the second target of 1123
• 2:45 PM – angel one has made a low of 1066 and was close to the final target of 1024.

AB CAPITAL – Support is broken due to an oversupply

Did you trade AB Capital’s trade setup?
Click Here: BAJAJ AUTO, AB CAPITAL & DBL TRADE ANALYSIS

I had mentioned in clear words”, Traders can trade for the following targets: 89.21 – 88.2 – 85.50. If the price sustains below 91.90, traders can take short entries.”

[20 JUN 2022]

• 9:35 AM – AB capital has reached the first target of 89.21.
• 11:15 AM – AB capital reached the second target of 88.20.
• 14:45 PM – AB capital hit the final target of 85.50.

DBL – It was a bears’ victory

Did you trade DBL trade setup?
Click Here: BAJAJ AUTO, AB CAPITAL & DBL TRADE ANALYSIS

I had mentioned in clear words”, traders can initiate a short position if the price sustains below 205 for the following targets: 200 – 196 – 190 below.”.

[20 JUN 2022]

• 1:16 PM – Price reached the first target of 200.
• 1:42 PM – Price hit the second target of 196.
• 2:34 PM – DBL made a low of 191.30 was close to our final target of 190.

Bajaj Auto Couldn’t Sustain Below 3600

Click Here: BAJAJ AUTO, AB CAPITAL & DBL TRADE ANALYSIS

We had seen a flat movement in the Bajaj auto on 20 June. It couldn’t sustain below 3600. Price had made a day high of 3639.

Even if you traded this call, your maximum loss could be 39 points in the cash market only because there is a basis (difference between spot and futures price) of 141 points.

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