NIFTY
UPDATE 3
UPDATE 2
UPDATE 1
VETO SWITCHGEARS
CMP 150
SUP: 107/69/23
RES: 173
BUY N HOLD MEDIUM TERM (6-9 MONTHS)
I expect 250/300-330, 360+
VEDL (VEDANTA LTD) @ 268
SUPPORT: 206/116/55
RESISTANCE: 443/498
As long as the support levels hold, we can see
356, 442-497, 541-655, 750, 830-950
POWERGRID @ 274
SCI (SHIPPING CORPORATION FO INDIA) @ 244
HUDCO @ 195
Some more upside left.
Buy level 197-180-150
NIFTY BREAKS ALL TIME HIGH. Now, My view extends for the target of 22500/23000/24000/24000
20-FEB-2024
BIGGER PICTURE: NIFTY
LONG TERM TARGET 35K
2024 ANALYSIS:
https://ewavesjournal.blogspot.com/2024/02/nifty-analysis-year-2024.html
BIGGER PICTURE SENSEX
Long term target 1.2L
PGINVIT (POWERGRID INFRA INVITS) @ 97
It is at support level.
Break of 105, we can see new highs above 142.
INDIGRID (INDIA GRID TRUST) INVIT @ 133
SUP: 97/77
Upside can be 144-150, 153-160, 173+
IRBINVIT (IRB INVIT FUND) @ 69
SUP: 30/21
More upside can be seen. Buy on DIPS view.
BIRET (BRROKFIELD INDIA REIT) @ 251
SUP: 230/212
Break of 264, we can see big bull run.
MINDSPACE (MINDSPACE BUSINESS P REIT) @ 335
SUP: 284
Downside can be 327/316/297
Upside can be 346, 358-377, 396, 427-446, 477-507, 602
EMBASSY (EMBASSY OFFICE PARK REIT) @ 365
SUP: 283
Downside can be 353/346/340/332/320
Upside Can be 367, 373-386, 460-470, 515-550, 648
BHEL @ 230.5
SUP: 80/40/18
Already broke Multi year trendline resistance. More room to the upside.
I expect to see 264-302, 377-418, and much more...
RCF @ 169.35
SUP: 87/21
As long as 87 supports, we can see 210-241, 287-333, 409-460, 530-610+++
SJVN @ 149.15
SUP: 63/16
As long as 63 supports, I expect to see 200, 250, 300+
ALOKINDS (ALOK INDUSTRIES LTD) @ 30.7
SUP: 15/10/3
RES: 59
TARGETS: 44-55, 65-79, 99-120, 150-175
HATHWAY @ 26.60
SUP: 16/12/9
RES: 58/77
Targets: 41, 53, 59-70, 87-105, 121, 134-155
NETWORK18
SUP: 44/14
As long the above supports hold, we can see 147-171, 211-226, 313-330
BIOCON @ 294
SUPPORTS: 255/216/189
UPSIDE TARGETS: 295-326(INTRA), 360-373-394(SHORT TERM), 424, 448-482(MID TERM), 537-555(LONG TERM)
GAIL @ 182
SUP: 119/80/42
Upside can be 199-230, 270-300, 345-389
NATIONALUM @ 160
SUP: 87/67/25
upside can be 240-290, 345-390+++
NHPC @ 102
SUP: 48/25/15
Upside can be 160, 204+++
IOC @ 176.90
SUP: 91
As long as holds, we can see 186-200, 230-260, 300, 350+
NBCC @ 171.40
SUP: 60
As long as 60 holds, we can see 187, 240-300, 380-400+
MMTC @ 92.55
SUP: 49
As long as holds, we can see 115-135, 153, 169-190, 224-260+