Drreddy - Elliott wave analysis - Double top formation It ended with truncated ED structure resulting in sharp fall as wave A, which is about to finish soon. Wait for bounce of B wave to short sell for C wave down. It form the double top pattern, but need to confirm the neckline break after correction. The target zone will be 3850.
Sensex
United sprits to have some good times aheadAs the festival season all around the world, demand for alcohol to rise which can give benefits to all good alcohol making companies.
From my point of view from next week we can see some good rally in the counter
TP1 - 610
TP2 - 640
&
TP3 - 670
Keep stop loss below 550 good luck everyone.
COAL INDIA 2H CHARTCoal india Given Good Trendline Break-out,
And it Looks good Above 137,
Can show 169, and 180 Levels.
With SL of 2H candle Close below 136.
Desclaimer
These are just my views for education purpose only.
I am not any type of Advisor or tips provider.
Consult your Financial Advisor before investing or trading.