20sma
Orient Electric - Bounced off long term TLBUY GUIDANCE:
Never buy before 3PM . I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Syngene International | BUYThe stock of Syngene, in a good uptrend since the beginning of April, appears to be consolidating for the past three week. Whatsoever, the trend remains bullish the price lies above the 20-SMA, indicating that the stock is still inclined to an upward move. Also, a rising trend line support coincides at current levels, making it a considerable support. The stock is likely to bounce off from the current support levels and we believe it is a right to initiate long positions.