Bullishsetup
Eicher Motors - Bullish trade set up Double bottoms have formed and the trajectory looks like its going to be breaking its neckline to head into new highs, Expected target 31500-32000 levels. This coupled with good results show that this is quite achievable. Buy 2 lots in futures and stop loss as indicated in the charts
Ashok leyland Agressive Short and long set up this is a set up only for experienced traders, All indications point for a Medium term bullish trend in Ashok Leyland, but i always play with 2 way strategy on any stock i trade. My first set up is bearish set up at CMP stop Loss 130, Buy back price - 116, At 116 i will buy back double and have a stop loss for 115, and then exit partial trade at 130, and then continue with holding till the trend changes. Let me know if you have any doubts
MINDTREEL: Buy Around 836.5 SL:820 TGT:920MINDTREE has yet again outperformed with 5.5% gain on NSE with 2.5 times volumes. Stock trading above Ichimoku Kumo with Rising ADX signifying a buy around levels of 836.5 with Stop-Loss of 820 on closing basis and for targets of 920.
If trading in CASH segment, then keep the stop-loss at 802 on closing basis. And hold the stock for further up move.
Please do consult your financial advisor before taking calls submitted here. I am not a SEBI Registered analyst.