Strong resistance at 644 EMA crossover Sell if crosses below 628 TGT 1 - 615 TGT 2 - 593 SL - 654
Nifty has gained around 9% in one month and it is very likely that it may reverse. RSI and MACD have also shown a signal of reversal. Short nifty for a target of TGT 1 - 11390 TGT 2 - 11330 TGT 3 - 11250 SL - 11650
Short with stop loss slightly above 1200 target in sight 1066 & 979 Use stop loss
HDFC has been in a nice long term uptrend trending above 200 EMA, and is just given 13,62 EMA Crossover. Also the price has broken up from a consolidation zone and confirmed a double bottom. Long position may be initiated above 1737 with a target of 1800 and SL 1725