Equitytrading
ABFRL forming a expanding channel BUY signals at 160/157/153I WILL LOOK AT BUYING OPPORTUNITIES AT ABFRL because :
It is forming a expanding channel pattern .
It has been taking the support of the lower trend line .
Now the price may reach its support level so will be looking at buying opportunities.
Entry : 160/157/153
Target : 204
Stop loss : 140
AJANTPHARMA forming a CHANNEL pattern buy at 1638I will go LONG on AJANTPHARMA because:
The price is forming a Chanel Pattern .
The price is also under Support/Resistance zone.
It has touched the support (lower end of trendline ) and may reach the resistance zone (upper end of trendline ) .
Target would be the Resistance area . Book profit when it reaches the resistance zone .
Entry - 1638/1578
Target - 2006
Stop loss - 1539
HDFCLIFE buy signal at 660/630 , Broke its resistanceI will look at buying AMBUJACEM because :
HDFCLIFE has broken its major resistance.
It has high chances of reaching 700-900 levels .
It has broken the resistance and that resistance may act as support .
Entry : 660/630
Target : 700/780/900
Stop loss : 600
RBLBANK buy at 165 , expecting 30% profit I will go LONG on RBLBANK 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 - 165
Target - 200/210
Stop loss - 145
LT forming a expanding channel BUY signals at 878I WILL LOOK AT BUYING OPPORTUNITIES AT LT because :
It is forming a 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 : 878
Target : 1081
Stop loss : 840
SHREECEM Buy signal at 21198I will go LONG on SHREECEM because:
The price is forming a Chanel or Rectangle Pattern .
The price is also under Support/Resistance zone.
It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) .
Target would be the Resistance area . Book profit when it reaches the resistance zone .
Entry - 21198
Target - 23350
Stop loss - 20500
BAJAJFINSV Buy signal at 5862 , Forming rectangle pattern I will go LONG on BAJAJFINSV 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 would be the Resistance area . Book profit when it reaches the resistance zone .
Entry - 5862
Target - 6685
Stop loss - 5492