NSE MINDACORP Wave Projection – Is 682 in Sight?
NSE MINDACORP has constructed a complex correction triple three [w-x-y-x-z] formation on the daily timeframe chart. The price is trading into the corrective formation for more then 56 weeks. After the accomplishment of final wave (Z), price has given breakout of wave B with solid volume.
If price breaks above wave X at 585, traders can trade for the following targets: 616 – 645 – 682+.
We will update further information for premium members soon.
Breakout Alert: NAHARPOLY Marching Towards 322
NSE NAHARPOLY has just broken out of a strong resistance zone at 298 with a massive 4.7% move supported by healthy volume. The price has also broken above the 100 EMA and is trading above the 200 EMA. After crossing the upper band of the value area at 310, the next resistance lies at 322.
If the price sustains above 299, traders can look to buy for the following targets: 307 – 315 – 322.
Free subscribers can take previous day’s low as invalidation level.
Unlock This ArticleNSE LUMAXTECH – A Reversal Is Expected, But…
NSE LUMAXTECH gas accomplished wave 2 at 1061, and prices started rising rapidly with a strong volume spike. ATR (64.8) and ADX (14.5) indicate high volatility but a weak trend. However, it has now started to turn up.
If price sustains above 1241, traders can long for the following targets: 1309 – 1372 – 1435+. Free subscribers can take previous day’s low as invalidation level.
Only premium subscribers will have access to further information soon.
Unlock This ArticleMANAPPURAM: Should You Jump In Now Or Not?
NSE MANAPPURAM is looking weak on the dailytimeframe chart. ATR of the price has fallen to 4.72 where ADX is 28.29. The price has formed a rectangle/value area at the all-time high, signaling that buyers may be hesitant to take new long positions. Price is trading above 100 & 200 EMA.
If price sustains below 288.3, traders sell for the following targets: 285 – 282.5 – 280.
Unlock This ArticleNSE NAM_INDIA – Premium Setup
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the current cycle is completely different than previous 2 ones.
Top is not in imo. ain’t no way bear run starts. Agree with your analysis!
Can’t get enough of your analysis, amazing work!
good, Tnx for these functional setups!