 "Markets, Buy, Sell, Stocks, Shares")
NIFTY: BUY
TARGET: 10,900
STOP LOSS: 10,745
Nifty closed almost flat on the last day of February, which also was the F&O expiry day. The index seems to have completed wave B correction and wave C is quite likely up. The minimum target on the upside comes at 10,900 whereas the support is pegged at 10,745 level.
DB CORP: BUY
TARGET: Rs 190
STOP LOSS: Rs 173
The stock has formed a symmetrical triangular pattern which is a bullish reversal pattern. The wave E of the same is over and now wave C of a bounce back is expected. Hence,
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