BPCL CMP 380.50 - since June 2020, we observe, BPCL consolidating in channel and then giving a spike up or down - channel zone is nearing breakout time zone - momentum might be seen above 389 - multiple support between 355-368 - at CMP & on dips the stock provides good risk::reward ratio to go Long for targets of 408 / 440 / 473 - Stop loss if trades below...
Nifty Strategy update for 31 Dec 2020 expiry Based on Data analysis and risk management, we suggested selling 13650 Put option between 36 -42. It gave ample opportunity to sell in the said zone and closed the day at 13.40. The strategy is active and is in Profit. Going forward important levels till December 31, 2020 expiry Important support levels : 13882...
Cipla is at a very crucial level and retested the resistance as well if Cipla break its all-time high = 839 you can enter and get your target as 1:2 SL will be the previous low as per price action theory = 817
H & S formation on hourly frame and bullish above 1100 level. All levels are marked.
Buy #Bandhanbank cmp. 417.45 with stop loss 411 then the target is 425-430+
Target will reached up to 564.15
Long Buy position Target upto 5.20
Buy Auropharma with stoploss 874 tgt 900-915+
Tata Motors Closing price 172 The stock has seen a stupendous rally from lows of 60 odd levels This is our view mentioned earlier Were we lucky to catch the bottom around 70 odd levels...??? We did book profits around 115 and again re - entered at sub 100 levels... My firm belief is, in stock market, with analysis and knowledge, you tend to feel lucky...
ONGC Closing Price 90.55 - The stock chart pattern was identified at levels of 67 and we have seen a stupendous rally - the current correction has brought it back to 38.3% Fibonacci retracement levels which if held can push the stock back to 100+ levels - a close below 87 levels may take the stock to 80 odd levels - since December 14th, Open Interest in...
Adani Power CMP 47.35 - We observe a sudden surge in the stock from 34 odd levels to 64 - the red zone has acted as a major resistance zone since 2013 - and exactly from those levels the stock has tumbled to 47 - this could be a case of pump and dump however at current levels of 47 the stock is at multiple support zone levels - & if the stock is able to hold...
SBI Life Best Buy 846-825 Stoploss 788 with Tgt1 890-895 and Tgt2 932+
Nesco Buy 537-528 SL 499 with Tgt1 575-580 and Tgt2 599 & above
Nice Bullish Set up Either buy on breakout or when it retests the breakout region Dont Mix them both Buy Above 122 Closing basis Positional Target ~170/180 levels Stop Loss 85 levels