I will go LONG on UBL 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 - 952 Target - 1158 Stop loss - 905
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
stock price reached it's weekly resistance zone and last week rejected from that zone showing some weakness, bullish view only above that resistance zone so keep this stock on your radar and find best trade for your self.
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
I will buy POWERGRID 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 : 172 Target : 191 Stop loss : 166
I will short tatasteel 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 : 400 First Target : 320 Second Target : 280 Stop loss : 440
Entry - 1306 First target - 1270 Second target - 1234 Third target - 1158 Stop loss - 1338 I will short kotakbnk because : 1) It is forming a rising wedge pattern. 2) The price has given a breakout from the rising wedge pattern. 3) The breakout is downards so will short kotakbnk.
I will go long on icicibank because its forming a channel pattern Entry - 352 Target - 396 Stoploss - 347
Buy SBI Card @836 Targets 843.50 852 865+ DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. TradZoo and all individuals affiliated with us assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational...
Wait for the bajahldng to give a breakout and buy or sell in which ever direction the breakout is given . It is also forming a descending triangle pattern.
Hi Traders! HDFCBANK has shown small rejections at its weekly support trend line. If it moves upwards it can be traded for 1069, as 1069-1079 is area of strong monthly resistance. If HDFCBANK falls below 1025 comfortably, it will retest 975. So keep close watch and follow the strategy as follows:- In case of upward move: Intraday traders/Short term traders can...
Radico will soon reach the resistance level of 435. Swing Target should be of 433. However, at resistance, I can see a bullish pattern which may further move the stock up. Trailing Stop Loss will work.
Long Tech Mahindra above 605 for Intraday Target 635 and Short term target is 670+ with strict stop loss is 595. Here You will get 1: 7+ risk-reward. Disclaimer: This is my personal view. kindly take the advice from your financial adviser before initiating the trade.