Muthootfin has broken its major resistance. The price can reach its 52 week high again. We will be looking at holding it for a long term , good for long term investors. ENTRY : 1064 TARGET : 1400 STOPLOSS : 850
I will go LONG on IOC because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 74 Target - 96 Stop loss - 68
Entry - 450 Target - 550/645/700/788 Stop loss - 425
PAGE INDUSTRIES SOON REACHING TO ITS ACTUAL TARGET AFTER A LONG TIME, PAGE INDUSTRIES BREAKED ITS TREND . . .
I will go LONG on VBL because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 684 Target - 790 Stop loss - 651
Entry - 528.60 Target - 593 Stoploss - 519.85 I will go LONG on Bhartiairtle because: 1) The price is forming a Chanel or Rectangle Pattern . 2) The price also broke the trend line . 3) The price is also under Support/Resistance zone. 4) It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) . 5) Target...
The Apollo tyre price is bouncing in a bullish channel , I'm expecting the price to up within the channel it can even break the channel give a very big up move . If it breaks the channel downward it may give a downward move and we will have to short it . Entry : 120 Target : 140 Stop loss : 115
I will buy BANDHANBNK because : It has been taking support at the trend line. It has touched the trend line 4 times and has not been able to break it. So will be looking at buying opportunities. Entry : 313 First Target : 352 Second Target : 400 Stop loss : 290
I WILL LOOK AT BUYING OPPORTUNITIES AT ENGINERSIN because : It is forming a continuous channel pattern. It is kind of expanding pattern . It has been taking the support of the lower trend line. Now the price is again at its support level so will be looking at buying opportunities. Entry : 67 First Target : 75 Second Target : 82 Stop...
I will short ADANIPORTS because : It is facing a strong resistance at the trend line . Its not been able to break that trend line . The price is again at the resistance trend line and may fall. If it breaks the resistance trend line then we will be looking to buy. Entry : 364 Target : 338/313 Stop loss : 376
I will buy GODREJCP because : It has been taking support at the trend line . It has touched the trend line a few times and has not been able to break it. So will be looking at buying opportunities. If it breaks the trend line downward then look at shorting opportunity . Entry : 673 First Target : 725 Second Target : 745 Stop loss : 649
The price has not been able to move above 851. 851 is major resistance for TECHM if the price breaks the resistance we can see upward move up to 1120 if it does not break the resistance then the price may fall up to 540. IF THE PRICE BREAKS THE RESISTANCE (BUY) Entry : 851 Target : 1120 Stop loss : 840 IF THE PRICE DOES NOT BREAK THE RESISTANCE (SHORT) Entry :...
I will go LONG on WABAG because: 1) The price is forming a Chanel or Rectangle Pattern . 3) The price is also under Support/Resistance zone. 4) It has touched the support and may reach the resistance zone . 5) Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 183 Target - 224/229 Stop loss - 170
I will go LONG on ONGC because: 1) The price is forming a Chanel or Rectangle Pattern . 3) The price is also under Support/Resistance zone. 4) It has touched the support and may reach the resistance zone . 5) Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 74 First Target - 84 Second target - 92 Stop loss - 70
I will go LONG on NIACL because: The price is taking support at trend line. It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 113 First Target - 121 Second target - 135 Stop loss - 105
I will go LONG on FEDERALBNK because: 1) The price is forming a Chanel or Rectangle Pattern . 3) The price is also under Support/Resistance zone. 4) It has touched the support and may reach the resistance zone . 5) Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 49 Target - 57 Stop loss - 47.5
I will go LONG on HDFC because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 1724 Target - 1923 Stop loss - 1680
I WILL LOOK AT BUYING OPPORTUNITIES AT ICICIBANK because : It is forming a continuous channel pattern. It is kind of expanding pattern . It has been taking the support of the lower trend line . Now the price is again at its support level so will be looking at buying opportunities. Entry : 369 Target : 416 Stop loss : 346