Since the Anil Ambani has committed to go debt free and some follow up action does boost the confidence of investors recently in all ADR group.
I expect this rally to go continue.
Now the resistance for this one lies at 3.95/4.75/9.50.
Outlook intact for telecom stock, power and infra.
As per 15min Chart Banknifty
Banknifty Morning will go up to 30700 and above (wick only not close)
3rd wave are running @ correction side so index come to 30200 and below
may be my opinion of banknifty tomorrow afternoon downs to 30400 is first target and second target 30200(may be next day)
IF AIRTEL SUSTAIN AT 38% LEVEL OF FIB THEN WE CAN SEE A BULILISH RUN FOR INTRADAY. WE CAN SEE A BULLISH HARAMI PATTERN TOO AT THE CLOSING CANDLE.
IF AIRTEL BREAKS THE TRIANGLE DOWNWARDS THEN WE CAN HAVE SHORT POSITION FOR (1:1) TARGETS.
1. Surfacing above the cloud.
2. Chikou, the lagging span about to get free
3. RSI support @ 40-45 levels
4. Stock about to move in blue sky zone
Buy with stop loss of lower cloud boundary @ 730
Target of 900 in next 5-6 months.
Material only for educational purposes, assess your risk and enter financial positions.
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#YESBANK CMP 157 BUY ABOVE PRICE 180 FOR NONSTOP TARGET 275++
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Company: Intec Pharma LTD
Buy Target : $6.90 (original hold) $7.25 Second entry
Sell Target: $30 EOY ,
Description: Intec Pharma Ltd., a clinical stage biopharmaceutical company, focuses on developing drugs based on its proprietary Accordion Pill platform technology in Israel. It's Accordion Pill is an oral drug delivery system that is...
Company: Take Two Interactive Software Inc
ST: $120 (short term) (long term = $200)
Description: Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels, as well as under Private Division and...