BHARTI FUT made flag pattern on an hourly chart with comfortably trading above breakout level with decent OI, as well as trading above VWAP.
Could be bought with mentioned stoploss & target.
ACC fut broke out of 5 trading sessions range with decent OI on an hourly chart as well trading well above VWAP.
Could be bought with mentioned stoploss & target.
Not to be missed breakout.
HUL FUT broke above descending channel pattern on an hourly chart with OI suggesting shortcovering turned to long build up.
Very good risk rewad ratio in favour of bulls.
Not to be missed.
Could be bought with mentioned stoploss & target.
DIVISLABS fut broke out of descending channel pattern on 30 min TF with decrease in OI suggesting shortcovering, also it started to trading above VWAP comfortably.
Could be bought with mentioned stoploss & target.
hul fut is trading in very small range of 2512-2533 from past 5 trading sessions with closing above vwap on daily basis, also shortcovering started in 2520 ce.
With all these data suggests more upside if hul breaks past 2533.
Conditional buy above 2533 with mentioned stoploss & target.
voltas fut broke above upper bollinger band on WEEKLY tf as well as maintaing trading & closing above VWAP levels on daily basis with decent OI.
Risk:Reward is 1:4 very much in favour of bulls.
Could be bought & hold for Sept series with mentioned stoploss & target.
RELIANCE fut broke above descending triangle , broke above previous swing high as well as butterfly pattern with decent OI.
Could be bought with mentioned stoploss & target.
LT fut made hammer pattern on an hourly chart & has highest PE writing on 2640 with addition of 4.8%.
Could be bought with very small stoploss below hammer low of 2634.
metropolis broke above descending channel pattern on hourly charts with decent oi as well trading above VWAP.
Could be bought with mentioned stoploss & target.
KotakBank is trading near 1769 with highest put writing @ 1760.
HDFCBank is trading near 1567 with highest put writing @ 1560.
As long as this 2 banks dont close below 1760 & 1560 respectively on min 30 TF there are chances of Banknifty + 2 banks bouncing back from here.
Can buy Kotakbank 1760 CE & Hdfcbank 1560 CE. Stoploss 30 min TF candle closing below 1760 & 1560.
INDUSIND fut broke above faling wedge pattern as well as bollinger upper band on an hourly chart with good OI.
Could be bought with mentioned stoploss & target.
HEROMOTO FUT broke above descending channel on an hourly chart with good OI build up suggesting long build up also breaking past middle bollinger band.
Could be bought with mentioned stoploss & target.
GODREJCP fut broke above triangle pattern on an hourly chart with trading above VWAP & upper BOLLINGER band. Also broke above harmonice pattern. In all it looks very promising for mentioned target.
Could be bought with mentioned stoploss & target.
