Price has broken out of the resistance. Looks strong; Can buy at the retest.
Price has broken out of the resistance. Looks strong. Can buy at the retest.
Here, i think that there is a potential upside in IGL (Short position) - 12 Days. The price currently is Rs.413 and i expect that by 24th January 2020, the price should touch Rs.440 The trendline has been strong for IGL. If you open the daily chart of IGL, you'll notice that there has been a good support to upward movement. Disclaimer- These are my personal...
Comment out any doubts for better understanding...
BUY at CMP 123 with a STOPLOSS 120.60 and Targets 127, 132. Comment out for better understanding of the position taken ....
SUN TV, today test the demand zone and again bounce back from there, with a bullish hammer candle, it can go up to 500 level again( PREVIOUS SUPPLY ZONE), lets see whats big players are planning to do. ( NOTE- i dont use any indicator in my analysis, just pure price action.)
Tata steel could be a great buy if stock breaks 408 level, with target of 435, (previous lower trend line could act like resistance, profit booking can be seen) lets see what happen on monday.
BANKNIFTY: buy above sell below levels(NOV 1st week) Note: SellBelow already triggered, sell at retracement @30063 BuyAbove: 30418 Target1: 30597 Target2: 30676 SellBelow: 30063 Target1: 29960 Target2: 29674
NIFTY: buy above sell below levels for this week (OCT last week) : BuyAbove already triggered, and expecting to reach 11940 and then 12035 BuyAbove: 11851 Target1: 11940 Target2: 12035 SellBelow: 11792 Target1: 11734 Target2: 11688
BANKNIFTY: buy above sell below levels for this week- part2 (OCT last week) Previous targets achieved in single day, so extending the prediction rest of the day this week. BuyAbove: 30117 Target1: 30806 Target2: 31681 SellBelow: 29425 Target1: 29069 Target2: 28784
Nifty 50 tested the previous resistance at 11700 and breaked the resistance. Tested the support at MA9 on Daily Chart and again break the resistance at 11700 which is a perfect Buy and the Target is 11980-12000.
BEL (Bharat Electronics Ltd) BUY ABOVE 116
ADANIENT (Adani Enterprises Ltd) BUY ABOVE 180
CESC (CESC Ltd) BUY ABOVE 810
TATASTEEL (Tata Steel Limited ) BUY ABOVE 363
SUNPHARMA (Sun Pharmaceutical Industries Limited) BUY ABOVE 408
TCS (Tata Consultancy Services Limited) BUY ABOVE 2085