Free Stock market / Nifty intraday tips, FREE Stock, Commodity & Forex tips

NSE Devyani Int – Buy This Stock NOW!

Free nse stock devyani chart calls

Free nse stock devyani chart calls

Read this full report carefully to get an accurate entry level for buyers. Devyani International has created an all-time high of 198.90. Price faced supply pressure that bulls couldn’t hold their power, and it has started correcting for upcoming impulsive structure. After counting the wave, we can name this correction 4th corrective wave, and the all-time high was impulsive wave 3.

Short-term traders can trade for the following targets: 172-180

Positional targets for 5th wave: 187 – 200 – 230+

Premium subscribers do not need to worry. We will update entry-level, stop loss, and targets during the market hours in our app.

We know one basic rule of wave principle, “the ending point of the corrective wave is the starting point of the impulsive wave.”

What pieces of evidence do we have for the ending point of a corrective wave?

+ Price retraced back from 61.8% at 142.50 (from the low of 107.55 to the high of 198.99)

+ Wave 4 can occur at the 4th wave of a lower degree.
The 4th wave has retraced back from the price territory of wave (4).
If Devyani breaks the low of wave (C), it may complete the final move near the price territory of wave (4).

+ Price has already retraced 61.8% of wave 3. Wave C has created a throw-out which suggests the accomplishment of wave (C). But I am not a big fan of deciding without confirmation. Let the market commit first before you commit to the market.

+ Wave (A) = Wave (C). Wave C has retraced 100% of wave A.

The trader can wait for a pullback to generate a new entry.
If Devyani international breaks wave (C), traders can wait for the gray zone.
Price has to break wave (B) to confirm its bull trend.

Further information will update soon.

Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips

Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips

Premium features: daily updates, full access to the Moneymunch #1 Rank List, Equity Research Reports, Focus List portfolio of 50 longer-term stocks, Premium screens, and much more. You will quickly identify which stocks to buy, which to sell and target today΄s hottest industries.

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

Previous ArticleNext Article
Stock market certified investment advisor(s) for Moneymunch. They're a regular guest on popular online channels and writes for several newspapers and financial journals. Who has studied charts for over 20 years, and they have black magic of the share market.

Visit here: Premium Stock Tips →
Join Today (Free): Stock & Nifty Tips

7 Comments

Write a Comment

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted. Your email address will not be published. Required fields are marked *

//
//
Live Chat
< 4 min wait
//
Get a callback
<10 min wait

Chat with us on WhatsApp

Send this to a friend