04 January 2016: Stock Chart Analysis for intraday: RELINFRA, TATAMOTORS and HINDUNILVR

RELINFRA (591.75)
Buy above 595/ SL 589/ Target 605-610||Sell below 585/ SL 591/ Target 570-565

TATAMOTORS (401.90)
Buy above 404/SL 401/ Target 413|| Sell below 396/ SL 399/ Target 390

HINDUNILVR (856.55)

Buy above 862/SL 856/Target 875||Sell below 853/SL 858/Target 845-840

I’m Praveen Kumar, a seasoned Technical Analyst and stock market trader with over 25 years of experience in the Indian equity and derivatives markets. My passion for numbers and patterns led me to a dual career as a Mathematics Teacher and market technician. I specialize in Technical Analysis, with deep expertise in Elliott Wave Theory, derivatives strategies, and market forecasting. Over the years, my analysis and market views have been featured on NDTV Profit as a financial guest, along with published articles on reputed financial web portals, sharing insights on Nifty 50, Bank Nifty, and stock market trends. As a trader and analyst, I focus on interpreting price action, chart patterns, wave counts, and technical indicators to deliver precise market levels and actionable trade ideas. My approach blends classical charting with modern analysis tools to help traders navigate market volatility. Through VieCapital, I aim to share daily market analysis, trading strategies, and educatio…
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