Ho long with SBI lifeReason-
-Demand zone
-EMA 20 on weekly and monthly time frame
-Golden crossover on weekly time frame
-Do refer test levels marked and enjoy the rally
Demand Zone
Long BHEL Risky One as from 2010 it was in downtrend but the positive point is very heavy buying volume .
Buy from current price 39.20 (aggressive)
@42.50 (save entry)
SL 34.50
Target 60/80/90/100/120+
Trade duration 6 Months
Laurus labs | BUYA very positive opening for the stock of Laurus labs. It has rallied past the prior high (₹1,155.9) and registered a fresh all-time high today. The stock is riding on a significant upside momentum and the fresh breakout will only make the case stronger for the bulls. So, declines can be used as an opportunity to go long in the scrip.
TTK Healthcare retested its Breakout levelTTK healthcare gave BO on 10 Aug, since then it was retracing & took support on its demand zone and it made a bullish candle. A good setup for Buy Candidate.
buy above 510 WSL 470 for target of 523, 593.
523 is a minor hurdle, trail your SL to cost when it reaches to 523 level.
HEROMOTOCOP SWING BUYHeromoto has broken its swing high with volume, after consolidation at 20 dma. For a swing, in any dip it can be bought for the first target 3020-3025.
Long CumminsIndNext Block Buster:
Positional Call:
Buy range : 450-460
SL: 420
Targe : 510/550/600/630+
LongSUN TV break the 2 year trendline which acting as a dynamic resistance for it. Try to accumulate it in the range of 450-420 it will give very good profit in with in 1-3 months. 530/680+
CUMMINS INDIA SWING BUYcummins india is trading above its rising trendline. It can be bought for swing wsl 430
LongThe trade is based on significant demand zone, channel breakout and retest, and Fibonacci Retracement.
Positional Buy
Entry above : 398
Stop Loss: 334
Target 435/460/520
Duration: 20-30 trading sessions
Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not responsible for any loss.
Torrent Power Looks Good If it will Sustain it's Abv Demand ZoneTorrent Power looks' good if it will manage to sustain above it's Strong demand zone @ 335-340.
If it will manage to sustain above this zone then it may test it's next Supply Zone @ 350-357 on the upper side.
Thank u :)
BAJAJ ELECTRICALS SWING BUYBaj Elect has broken its swing high and resistance, once broken 475 new high can be seen
NTPC INTRADAY SWING LONGSince, it didnt breach its support and formed a good bullish candle after a week consolidation, will look for now a buy opportunity if sustained above PDH (Previous day high)
BLUESTAR is near its resistanceBlustar resisted from its swing high 562. 585-562 is supply zone for Bluestar. Once broken this level, buy can be initiated.
BLUEDART SWING SHORTBluedart is trading at its major support 1940. Breaking this level at EOD basis may bring more pain in coming session
NMDC near Swing HighNMDC is trading near its Previous Swing High. There was a long consolidation for one month. Breakout from this level may bring new highs. Buying only should be done once this level will be broken
V-Guard Swing ShortV-guard has broken its support at EOD basis. Shorting at this level can be with good R:R
TATA POWER SWING LONGTata power after flag breakout now trading at its swing high. breaking this level May bring target of 58 and above in coming sessions.
Titan demand zonesTitan demand zones on daily timeframe for study purpose. If support is broken, good buy levels at 1000 and below.
TCS HOLDING ITS SUPPLY ZONETCS had been resisting its supply zone 2200-2300 everytime whenever it comes near that but this time it is holding this level for last one month. If this level breaks we can witness new highs.
M&M INTRADAY SWING LONG IDEAM&M broke a range of 2 week trading range. Good to buy for Swing (support present at 620) and Intraday (support at 625)
IRCTC TECHNICAL ANALYSIS ON DEMAND AND SUPPLY IRCTC TECHNICAL ANALYSIS ON DEMAND AND SUPPLY . KEEP STRICT STOPLOSS AND TRY IN DEMAND ZONES, WORTFULL STOCK.
Long Bajaj Finance at current level, target @ 3515-3520BAJFINANCE looks strong on the daily timeframe volume analysis set up, can see upside and potential target of 3515-3520 in the upcoming 5-7 sessions.
