Technical Analysis: EMA 5/20 bullish crossover and EMA 50 lying below the price. Stochastic on bullish but lying in overbought level and may take some correction. MACD on bullish and histogram on above the level '0'. RSI above 50. Trade: Buy above - 1042 Target 1 - 1049 Target 2 - 1058 Stop Loss - 1033 Reward Points - 16 Risk Points ...
Cup formation on Nifty 1hr chart. Trade (on spot) Buy above - 8255 (spot) Target 1 - 8285 (spot) Target 2 - 8317 (spot) Target 3 - 8347 (spot) Stop Loss - 8210 (spot) Reward Points - 92 Risk Points - 45 Note: Price quoted here is spot not future so please trade accordingly..
Cup formation on Sunpharma at 1hr chart. Trade: Buy above - 677 Target - 685 Stop Loss - 672 Reward Points - 8 Risk Points - 5
Cup formation on Canara Bank in 1hr chart. Trade: Buy above - 313.00 Target 1 - 315.50 Target 2 - 317.50 Stop Loss - 311.00 Reward Points - 4.50 Risk Points - 2.00 "Happy Trading"