Profit Idea : Knowledge is Profit
2.95K subscribers
837 photos
19 videos
19 files
3.23K links
This channel provides you market updates and news
Download Telegram
#CONCOR has completed an intermediate degree two ending diagonal at ₹880 and has begun its momentum in wave 3 (Intermediate), which is projected to end at ₹1263. Wave 4 is expected at ₹1074, and Wave 5 at ₹1271. Interestingly, the Degree Cycle (Correction C), Intermediate 5th Wave, and Primary 5th Wave all converge around the ₹1271 level. Dips in CONCOR could present a good opportunity for a 20% upside in the medium term. The stop-loss remains at ₹879.

Note: This is just an observation for educational purposes. Please conduct your own research and analysis. This is not a recommendation to buy or sell.
#LT: Larsen & Toubro has recently completed wave 4 at ₹3175 and is now advancing towards wave 5, which is projected to reach ₹4245 as part of a millennium impulse. The longer-term impulse structure indicates a target of ₹5200 on the charts. Dips in the stock towards the ₹3200-3300 range could present a good positional opportunity aiming for ₹4245-5200 over the next 24 months. The outlook remains positive with a positional stop-loss at ₹2855.

Disclosure: This is not a buy or sell recommendation. The chart is shared for educational purposes only.
#ACC: Crab Pattern on Weekly Chart 📊

The D targets for the Crab pattern are ₹2892-3522. Interestingly, the stock has formed a shooting star on the weekly chart, signaling a potential dip. Any dip towards ₹2331-2499 can present a good positional opportunity for the next quarter. The larger structure remains bullish, with a stop-loss at ₹2149. Buying near the stop-loss support for the medium term significantly reduces risk and favors rewards for positional players.

Note: The above information is shared for learning purposes. Please do your own research and due diligence before trading. This is not a buy or sell recommendation.