Part 2: Is Zeel Preparing For A Bull Run?

free nse zeel stock tips chart

Zeel Is Sitting On The Ticking Bomb

Did you read the previous report of MCX Gold? If not, click the below link to read it.
[Sep 27, 2021] – Is zeel preparing for a bull run?

I had written, “…if ZEE is forming wave 3, then we should get a 161.8% extension of wave 1.
Target 1: 335
Target 2: 362
Target 3: 390

WHAT’S NEXT

Zeel has concluded a corrective structure and started an impulsive wave. The price is about to cross the recent high of 362, but there is resistance.

Breakout traders can enter after breaking the high of 362, and reversal traders can wait for a pullback, and they can enjoy the big move.

Invalidation: please note that pullback can’t be lower than wave C.

Further, I will upload intraday (15 min and 1-hour chart) to make a setup on Zeel.

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Nifty Today: The Case Of Initiative And Response Between Bulls & Bears

free nse nifty hourly chart tips

Nifty has continued forming the descending channel. Price has made three excess areas on the lower band. It means that bear traders are continuously trying to break down the descending channel. Price is following the control line with nine spot confirmation. The trend will change after a breakout of the upper band, and it will drag the nifty price at my pivot point. And that pivot point will act as a hurdle. Hence, it has to climb up to that. And if that happens, then it will keep moving forward non-stop. Otherwise, there is Continue reading

NSE: Is the RVNL Topping or Just Consolidating?

free rvnl stock tips chart

RVNL is fundamentally very strong. I have included this stock for your portfolio in my recent article (8 Indian Stocks That Can Turn 1 Lakh Into 10 Lakh by 2030).

Notice the volume bar spike. According to the volume study, this share price will consolidate here. And will hit the support trendline. RVNL stock price may touch the red support trendline due to the high volatility available there. Afterward, we may see a strong reversal. Be ready to see again Rs.40Rs.43.

And short-term and long-term targets are available in the previous newsletter. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

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8 Indian Stocks That Can Turn 1 Lakh Into 10 Lakh by 2030

There are plenty of attractive investment opportunities in the Indian stock market right now, but these eight compounding machines you can feel comfortable owning for the long term. And you can get the ninefold return in 10 years.

I have chosen to buy these stocks because they’re ready to blast. You may find almost bottom in all below charts.

RVNL (Rail Vikas Nigam Limited) Stock Tips & Chart

1. RVNL (Rail Vikas Nigam Limited)

Target: Rs.66 – Rs.100+
See the chart above to get why you should invest in RVNL.

IDFC First Bank Stock Tips & Chart

2. IDFC First Bank (IDFCFIRSTB)

Target: 124 – 190+
This chart does not need any description. IDFC First Bank’s stock price is worth buying now.

Kellton Tech Stock Tips & Chart

3. Kellton Tech

Target: 194 – 312+
Kellton Tech is AI (Artificial Intelligence), and it’s the future of the next generation. The company’s total revenue (TR) is stable even in a pandemic situation. See chart above its share price isn’t increasing compared to TR.

Engineers India Stock Tips & Chart

4. Engineers India Limited (EIL)

Targets: Rs.200 – Rs.432 – Rs.690+
EIL is a well-known government corporation, and the total revenue of ’21 is INR 31.44B. It has executed over 5000 assignments consisting of 400 major projects valued at over US$200 Bullion.

In the short term, we will see EIL shares price Rs.200. If you have plans to buy stocks for one decade, then this one is for you.

ITC Stock Tips & Chart

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NIFTY’s Elliott Wave Perspective for Today

free nse nifty stock tips daily chart

Nifty can bounce from 0.618%0.786% of retracement levels, and we may see 18350 again.

According to the Elliott Wave Principle, it can drop up to 1.00% of wave i. And a breakdown of wave ‘i‘ is a direct sign of a strong downtrend.

Buyers must note that the price has broken 200 EMA.

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NSE Asian Paint (EWT): Money printing time

free nse asianpaint daily chart tips

Asian paint has started the impulsive sub-wave ‘iii‘ of wave 5. Price has crossed the high of wave ‘i‘, which is the signal of impulsive behavior of wave 5.

A long position can be initiated after a pullback when price penetrates on wave ‘i‘ to take support. And that cannot be a barrier for long-term investors. They can jump on it.

But if you are a short-term investor or safe trader, you may lose this opportunity due to waiting for a pullback, but this is the only way to manage risk.

But if you want to moderate risk here, you may lose the opportunity due to waiting for a pullback. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

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