Have you read my previous analysis on NSE INDUSINDBK?
Click here: NSE Indusind Bank has started forming wave 5
Continue readingNSE INDUSINDBK Is Preparing For A New High
Continue readingContinue readingNifty & Stock Trading Calls Report of November 2022
To Free Subscribers,
We sent you the following intraday and positional trading calls in the previous month.
P/L Report of November 2022
- BUYOCT 20 – HINDALCO +38,700/ 1 lot
- BUY OCT 31 – NIFTY +37,500/ 1 lot
- BUY NOV 3 – PRECWIRE +2310 / 100 shares
- BUY NOV 6 – ASIANPAINTS +14,000/ 1 lot
- BUY NOV 7 – TATA STEEL +12,750/ 1 lot
- BUY NOV 9 – HDFC +43,800/ 1 lot
- BUY NOV 29 – BDL +3600/ 100 shares
- BUY NOV 16 – EPL 1600/ 100 shares
- BUY NOV 17 – HAL +1,00,225/ 1 lot
- BUY NOV 17 – MINDACORP +1500/ 100 shares
- BUY NOV 17 – HINDUNILVR +29,400/ 1 lot
- SELL NOV 17 – ADANITRANS +22,500/ 100 shares
Total P&L = Rs.3,07,885
NSE RAMCOCEM – Swing Setup
Will NSE PRECWIRE Hit The Final Target?
Do you remember NSE PRECWIRE?
Click here: Is NSE PRECWIRE Preparing For A New High?
BEFORE
I have written clearly, “If the price breaks out and sustains above 96.90, traders can trade for the following targets: 100.2 – 116.65 – 126.6+.”
AFTER
NIFTY Weekly Overview – 05 December 2022
Did you read the previous Outlook of Nifty 50? Click here: NSE NIFTY Weekly Overview – 31 October 2022 Result of the previous outlook: We discussed the importance of closing above the pivot level in our previous outlook. The price was trading at 17786, and it has broken out of the dynamic resistance line. My outlook for the month was bullish.
I had written clearly, “Can you imagine that one bullish candle could reach the 19000 targets in every advisor’s notebook?”
- Price has made a new high of 18998 in the future market.
Continue readingNSE TECHM – High Confidence Research Report
Timeframe: Weekly
TECHM has made a high of 1838 and completed the impulsive wave (5). It is the ending point of an impulsive wave that marks the beginning of a corrective wave. After the breakdown of the base channel, the price has stated an ABC correction.
TECHM has accomplished an impulsive wave at 943.7 with 2.618% reverse Fibonacci of wave (B) and 1.618% of wave (A). Wave (C) occurred nearby the previous sub-wave 4th at 943.
The current price movement is near the recent high of 1164, which represents a resistance level. This level should not be ignored if you have taken a long position. 1164 -1196 is a strong resistance zone that can abrupt upward momentum.
If the price breaks this range, swing/Positional traders can buy for the following targets: 1262 – 1360 – 1436+. Breaks out of the previous high suggest start of an impulsive wave, but the range breakout will be a strong evidence for an impulse.
Continue reading