BANK OF BARODA: The stock is taking support at the KS line, forming a bullish sash pattern. The RSI is into 60-40 zone after getting above 60 levels, the move seems to be sideways with a positive bias. The MACD is into bullish zone above 0. Everything above indicates bullish possibility in the coming sessions. However a move below 93 may negate the view.
We have...
Nifty is turning into negative mode. Kindly take shot entries at red colored area. Kindly take position at your own risk. We are no way responsible for your misunderstanding.
NIFTY LONG TRADE BUILT-UP
SINCE WE HAD DISCUSSED IN THE LAST CHART IDEA
WE ARE BUILDING NIFTY LONG TRADES IN F&O
NIFTY TRADE IN FUTURES
PLEASE NOTE RATES ARE ACCORDING TO SPOT
PLEASE ADJUST FOR FUTURES AS PREMIUM ARE HIGH
BUY@11730-40
STOP@11660
TARGET 1@11845
TARGET 2@11948
ALL TARGETS ARE EXPECTED TO REACH IN THIS WEEK
NIFTY TRADE IN OPTIONS
CONTRACT:-11900...
Swing Trade with horizon of about 3 months.
Target: Rs. 2200.
Hindustan Unilever has seen about 10 months of consolidation followed by a flag breakout. A close above the downward channel flag could mean a possibility of higher levels to come. The target will be the distance between the base and top of the flag pole (approx. Rs. 200).
Support is seen at Rs. 1920.
