header banner
Default

Trade Report: Moneymunch Covers Asian Paints, AXISBANK, BEL, and Other Companies


Free nse asianpaints chart calls

Free nse asianpaints chart calls

Timeframe: 4h

After making a high of 3568, NSE Asian paints have formed a corrective structure. This structure could be W-X-Y or A-B-C. No matter which label you choose, the picture showcases the same story.

At present, Asian paint is forming sub-wave C of final impulse C of the correction structure. The total retracement of the whole correction is 78.6%. Wave C extended 100% at 2916 of wave A, Hence wave C=wave A. It could be the termination point of wave C. Reverse Fibonacci of wave B shows that the move ends at 2.618% at 2856. Traders have a confluence zone of wave 2916-2856.

Traders can trade with the following targets: 3005 – 3076 – 3127+. Note that the targets can extend after the break out of the channel up to X. Invalidation will play a crucial role in this bottom fishing setup.

Premium subscribers will get trade setup with entry, exit, and invalidation levels.

NSE SONATASOFTW – Breakout Setup

VIDEO: Axis Bank, Asian Paints Stocks Buzzing in trade, Nimesh Decodes The Details | NSE Closing Bell
CNBC-TV18

NSE SONATSOFTW has broken its all-time high of 1150. The RSI of the price has risen to 67.52, where the ATR of the price is 42. The price has broken out 20/50/100/200 exponential moving average.

The security is constructing the final wave (5) of the wolf wave pattern. If the price sustains above 1155, traders can trade for the following targets: 1190 – 1230 – 1246+. Free subscribers can take the previous day’s low as an invalidation level.

Premium subscribers will get trade setup in our mobile application at the exact time.

moneymunch password protected content Lock

Only subscribers can read the full article. Please log in to read the entire text.

NSE GREENLAM Is Ready for Skyroket

VIDEO: LIVE: Positive Handover To Help Indian Equities | Earnings Today: Axis Bank & Tech M | Morning Trade
moneycontrol

NSE GREENLAM has broken out an A-B-C corrective structure. Price is trading above 200/100 EMA and on the 20/50 EMA. The RSI of the price rose to 58.49.

Stock trading works best with a fundamental catalog which is the positive results. Breakout of the A-B-C correction can be profitable for traders. If the price breaks out 422, traders can trade for the following targets: 437 – 458 – 473+. Free subscribers can take the previous day’s low as an invalidation level.

Only premium subscribers will have further information soon.

moneymunch password protected content Lock

Only subscribers can read the full article. Please log in to read the entire text.

NSE DRREDDY – Weakness Ahead

VIDEO: Top Buzzers | Tata Steel, SBI, Axis Bank, Asian Paints, Zee Ent | Bazaar Open Exchange | CNBC TV18
CNBC-TV18

DRREDDY is looking weak on the daily time frame chart. Price is forming the final wave (5) of the wolf wave. The security has an RSI of 40.73, and the price is trading at 100 EMA.

The stock has retraced 38% of the previous impulse. The price target should not be more than 1.618% of the reverse Fibonacci retracement of wave (4) at 5218. If the price breaks a support level of 5399, traders can sell for the following targets: 5360 – 5290 – 5237+.

Further information is available for premium subscribers only.

moneymunch password protected content Lock

Only subscribers can read the full article. Please log in to read the entire text.

NSE BEL – Future Setup For Premium Subscribers

VIDEO: Asian Paints Reports A Mild Beat On Net Profit While Revenue Misses Estimates | CNBC TV18
CNBC-TV18

moneymunch password protected content Lock

Only subscribers can read the full article. Please log in to read the entire text.

NSE AXISBANK- Bullish Structure

VIDEO: What To Expect From Axis Bank, L&T And Asian Paints' Q3 Earnings
BQ Prime

moneymunch password protected content Lock

Only subscribers can read the full article. Please log in to read the entire text.

Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips

Have you any questions/feedback about this article? Please leave your queries in the for answers.

Disclaimer: The information provided on this website, including but not limited to stock, commodity, and forex trading tips, technical analysis, and research reports, is solely for educational and informational purposes. It should not be considered as financial advice or a recommendation to engage in any trading activity. Trading in stocks, commodities, and forex involves substantial risks, and you should carefully consider your financial situation and consult with a professional advisor before making any trading decisions. Moneymunch.com and its authors do not guarantee the accuracy, completeness, or reliability of the information provided, and shall not be held responsible for any losses or damages incurred as a result of using or relying on such information. Trading in the financial markets is subject to market risks, and past performance is not indicative of future results. By accessing and using this website, you acknowledge and agree to the terms of this disclaimer.

Sources


Article information

Author: Lance Finley

Last Updated: 1699702443

Views: 1183

Rating: 4.4 / 5 (58 voted)

Reviews: 96% of readers found this page helpful

Author information

Name: Lance Finley

Birthday: 2014-02-06

Address: 1341 Donald Glens Suite 575, Garyport, MT 16091

Phone: +4087173144642952

Job: Pilot

Hobby: Rock Climbing, Pottery, Scuba Diving, Embroidery, Reading, Cycling, Card Games

Introduction: My name is Lance Finley, I am a spirited, Colorful, artistic, rich, strong-willed, frank, intrepid person who loves writing and wants to share my knowledge and understanding with you.