SWING TRADE IN ACC CEMENTS SEPTEMBER FUTURES TESTED BOUCED BACKFROM 200-DMA SUPPORT BUY@1560 STOP@1540 TARGET@1620 LOT:400 QTY:2
Will Vedanta Breaks 200 SMA Support which it Bounces back many times for last 2 years....A important zone for Vedanta... Keep it in Watchlist... Any Bounce Back Around 303 will be a BUY...
Today positive breakout seen in JK Tyre & Industries , which broken above 200DMA and 6 month old trend. Currently closed at 153.5, if stays strong above 154 it can reach 200+ level in short to mid term. Keep stop loss at 145 on closing basis.
PVR Ltd is taking support at 200DMA and bulls are seen pushing it up on recent close. The script is at the top of its current trend and made high of 1436.05 and closed at 1421.20. Current resistance zone between 1430 and 1446 which need to be broken on daily closing further up move. I feel, Aggressive traders can think of this stock once it is above 1430 and...
TATAMTRDVR trading below 200 simple moving average, strong resistance zone 290/288, it has formed a gravestone doji candle formation. price action movement moving towards its support zone 278/280 zone, keeping stoploss above 295.
It has been observed that M_MFIN bounce from trend line support and 200 Day Moving Average. one can enter at cmp for target 360/370 stop loss below 318.