Simple and Repeatable setup with low risk high reward.
currently the structure in itself looks extremely strong , minir ups and downs neglecting in intraday ! the stock according to me is set for a one way rally of 4/5 % + in coming days !
NSE:ZEEL has historical taken support at WEEKLY 100 EMA and rebound from lows. This time again its trying to take the support at 100 WEMA Closing above 100 WEMA will gain start the upswing till resistance zone are 590-600
keep trailing your sl , as it goes up!
EXIDEIND has traded with more then twice the average quantity on NSE with change in OI close to 18% This is currently trading above ichimoku with price crossing upper Bullinger band. Signifies a BUY at 271.8 with Stop-loss of 265.7 and Target of 281.45
RELINFRA has created a long legged Doji (kind of a shooting star) which signifies its weakness. Wait for a bounce back upto 406, and SELL AT 406 with SL at 416 and Target 1 at 477 and Target 2 at 464
TORNTPHAI Torrent Pharma consequently gained 3% on NSE today with 4 times its average volumes, although NIFTY itself lost 40 Points today. Considering the greater volumes on the counter with prices above Ichimoku KUMO, TORRENT pharma is a great buy around 1448 with Stop-loss of 1430 and Target of 1548. NSE:TORNTPHARM
Most of the things are denoted on chart. Lets see how the price moves which will decide the strength of the marked levels. Nifty needs to find a strong support
APOLLOHOSP has broken its recent downtrend line and closed above the line. Signifying renewed interest in the stock coming in as volumes are double and the PA covered previous 3 days downfall. Buy APOLLOHOSP Above 1029 for Target 1 of 1059 and Target 2 of 1086 with Stop-loss on closing basis of 1015. Please consult your Financial advisor before taking a call on this.
for me its a Buy on dip kinda stock which lookls promising !! for good upside of 100- 200 points in a short time span!!!!!
EURINR is close to its multi month support level and is a good buy with a better risk to reward ratio. Buy EURINR ONLY AROUND 77.83 (CMP: 78.135) with Stop-loss of 76.94 and Target 1 at 79.30 and Target 2 at 81.20 Please Note!!! Trade the script only after consultation by your financial consultant. We are not SEBI Registered and hold no liability for the scripts...
TORNTPOW: Buy around 262.50 with SL at 258 and Target of 27. Remember to take advice from your financial advisory before investing
MCX has gained 5% of NSE with thrice its average volumes Kijung and Tanken above ichimoku cloud and stock trading above all of these with positive bias. Seems to be heading towards 895. Buy MCX on NSE around 833 with Stop-loss of 797 and Target of 895
ULTRATECH made a very good structure for short,Price broke the daily range with good momentum and sellers are holding price below support,We only need a sell signal to go short.
As per my wave analysis.. On BO of the Yellow TL - and then on consolidation after BO, we can possibly have a run towards 10750 mark!
HINDALCO looses 3.4% on NSE today with greater than average Volumes and fresh shorts seen on stock. Sell HINDALCO around 202.55 with Stop-loss on closing basis at 206.25 and Target of 190.10
DXY breached the resistance and going up now...! It will starts making a new higher highs in the coming days by forming a bullish channel It may cause many pair's breakout herafter