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I had written today at 9:07 AM, “… It needs to break/close above 406 level to touch the 416 – 426 – 432+ levels”.
How many of you bought Jindal Steel & PWR futures?
It has touched the first target.
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Morning call: Click here to read it
I had written in bold words today at 9:07 AM, “Target for Day Traders: 1455-1479-1490“.
It has touched all intraday targets at 9:18 AM. Enjoy!
BEFORE
September 17, 2021, 1:10 pm – Could Tata Motors be the hottest investment for 2021?
I had written in clear words, “…we can get the following swing trade targets: 340 – 362 – 415“.
AFTER
Tata Motors has reached the first target of 340 today. Will it touch the second & third targets?
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Angel broking is near to break the 2-month-old resistance level.
Price has completed the corrective wave 4.
If the price doesn’t break the 3rd wave’s high, then the corrective wave will begin. Furthermore, the 4th wave can be extensive (between the range of 1014 – 1475).
Target for Swing Traders:
Target 1 : 1525
Target 2 : 1632
Target 3 : 1764
Target for Day Traders: 1455-1479-1490
BHEL futures can keep moving forward for the levels of 67.6 – 68+.
Intraday support: 64.90 – 65
Invalidation: the previous trading season’s low.
Key level: 406
Is it the right time to buy Jindal Steel & PWR Futures? No. It needs to break/close above 406 level to touch the 416 – 426 – 432+ levels.
Otherwise, we will see fall rapidly this week. It can be up to 386 – 372 – 360.
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Read here → Kotak Bank Has An Explosive Rally Ahead
I had written in bold words, “…at present, intraday & short-term investors can also jump on this stock. Kotak bank prices may move forward up to 1900 – 1960 – 2056 levels to hit the halfway of wave 5th. Consecutive closing above the level of 1832 is a direct buy signal“.
Kotak Mahindra Bank all targets are completed.
Read here → Could Tata Motors be the hottest investment for 2021?
Tata Motors has made a high of 336. It’s very close to the first target.
Read here → Yes Bank Price action analysis & trading tips
Yes Bank has created LH and started falling. Is it the beginning of the downtrend? We may see 12 – 11 – 10 – 9.6 levels soon.
Read here → Eicher motors price will drive upward more
Eicher motors have made a high of 2994 on 27 Sep (yesterday). It is very close to the first target. Do you think it will hit the 1st TP?
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ZEEL is forming 3rd impulsive wave. Wave 2 has taken a reversal from a 61.8% Fibonacci ratio.
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
Invalidation: Wave 2 can never overlap the starting point of the wave.
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Nifty is on the corrective structure.
The wave (x) of the double zigzag is near to complete Wave (Y) has the potential to give a short entry for the following targets :
Target 1: 17426
Target 2: 17328
Target 3: 17260
Further information I will update you soon. Stay connected! To become a subscriber, subscribe to our free newsletter services. Our service is free for all.