Intraday Stock Tips

Looking for reliable and free stock tips? Look no further than Moneymunch! We provide intraday and positional trading calls, technical analysis, research reports, and daily or weekly charts to help you make informed trading decisions in the stock market. Subscribe now and stay ahead of the game!

NSE COALINDIA & INDHOTEL – Bearish Outlook

6 43019

EWT: NSE INDHOTEL Price Ready For Another Blast

Price Action Perspective:

Free nse indhotel daily chart calls

INDHOTEL is on the lower band of the parallel channel, and we have a pivot zone of 192.
If the price breaks down the pivot zone & parallel channel, we can expect a down move for 180 – 173+.
The invalidation point for subscribers is the high of the previous sessions.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Elliott Wave Perspective:

Free nse indhotel hourly chart calls

INDHOTEL has accomplished wave B of wave ((Y)) and marching for final wave C of wave ((Y)). Price has broken down wave A at 193, and it is a bearish signal. Wave C can occur at 100% Fibonacci extension at 177 (wave A = Wave B).

However, if the price breaks the level of 177, it may fall for the lower band of the main corrective channel.

Indicator study:
I have used moving averages for confirmation. Price has broken down the 50 MA & 100 MA. It is a bearish signal.

NSE Coal India Bearish Again Rejected At the Resistance

Coal India has failed to break SEP 2021 high. And it took a reversal from the level of 197.75. Here, selling pressure is increasing due to speculators. We may see the following targets on Monday’s trading session: 177 – 172 – 165.

Invalidation level has an important role here because that will change the direction of stock from downtrend to uptrend.

Continue reading

NSE NIFTY Is Preparing For Final Wave C

12 32905

Free nse nifty chart calls

Nifty is preparing for the final wave V of wave C of wave (C).

Price has completed the sub-wave (iv) of wave C. Currently, we are riding on the impulsive wave V of wave C. If the price breaks the low of wave iii, traders can expect the following target of 16110 – 15978 – 15856.

After completion of final wave C, Price will start a bull run. If the price fails to break this level, the price will reverse.

More bearishness will lead the price to the lower band of the parallel channel.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

NSE DrReddys Fut, RBL, & UBL – Calls & Updates

3 34452

How many of you traded on DRREDDYS FUT call?
Yesterday: NSE DrReddys Fut could crash more – Bearish Trend Continues?

I had written in bold words, “according to TA, we will see the target of 3780 – 3720 levels soon”.

It has touched all targets.

I have also said to sell RBL yesterday. Have you?
Yesterday: NSE RBL extending downtrend’s extent?

I had written, “Key level: 628
If it breaks the above level, then the stock price will hit the target level of 610 – 600 – 570“.

The first target of RBL had achieved yesterday. And the second target has come now (today). Will it touch the third target?

Did you read the UBL tips report?
Feb 22, 2022: NSE UBL Is Declining, But Major Support Is Ahead

Free nse stock upl daily chart tips
BEFORE

I had written, “we are using a pivot zone at 1452 to avoid fake-outs. If the price breaks the pivot level, it can go for 1390 – 1311“.

free nse ubl stock chart tips
AFTER

UBL has touched the first target by making a low of 1381.5 yesterday. And it is very close to the second target. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

NSE Devyani Int – Buy This Stock NOW?

7 36781

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+

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

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.

Continue reading