>INFO EDGE (NAUKRI)

Hi friends,

                  Infoedge was trading in a triangle for more than 2 years.

The squeeze is getting time consuming big move should come soon according to chart ,

As long as 786 holds a move towards 1000+ is open .

>HCLTECH Trade setup

Hi friends,

                  The following is hcltech hourly chart.

i am sharing a small portion of chart which shows a promising pattern this is to show how to come to a trade setup using elliottwave analysis.

From the chart we can count clear abcde up which is followed by a good time consuming abc till 780.From 780 we had a sharp rally till 835 levels and after that the stock is consolidating .

Trade setup here would be to buy this stock in dips till 780 is saved target would be around 870-880 levels,Track this stock in coming days to see how this moves .

>LUPIN update

Hi friends,

                   Today lupin intraday had a big rise of 5% and made a intraday high of 1573.6.

As i discussed in the old post LUPIN ELLIOTTWAVE ANALYSIS the stock didnot go above 

1580-86 so i would still stick with the view i had posted earlier.Lets see how it performs this week.

>PNB Gilts target

Hi friends,

                   Timing in stock picking matters alot ,pnbgilts kept oscilating in a triangle for 8 years.

Must would have frustrated someone who entered in 2008.

This perfect example which shows pattern in bigger timeframe ie monthly.

Look at the clear 5 waves in a triangle abcde .

The stock broke out after 8 years of consolidation and is set to reach triple digit in coming time catch this stock in dips if you get one :).

This breakout is backed by huge volumes which gives more confidence about the follow though .

Track this stock and try catching if you get a good dip in this.