NSE:RBLBANK ...looks good ...one can buy half qty around 565 with strict stoploss of 530 as it may reverse from here ......but once it closes above 600 add other half ....sky is the limit....watch out
NSE:SBIN is coming down from 280 which is its weekly resistance and closed below its daily support of 260 ......looks like it will come down to 240 which is its monthly support.....will will look to short next week.
NSE:BAJAJ_AUTO will be a good buy around 2750 ...sl 2690 from immidiate trgt 2900 and then more....
NSE:ONGC is trading around its 52 week low and trend is down .....i will look to short if it closes below 155 sl 160
NSE:UPL is trading around its support of 688-685.....if it breaks then 620 is coming soon...
NSE:NIFTY i will short nifty around 10900 sl 10950............... contra trend trade...........trade with light position
NSE:INDUSINDBK has broken out from its range of 1600-1800 and is sustaining.....so i will buy around 1900 for trgt 2100 sl 1820 ....
NSE:ONGC has printed a bearish pinbar around its resistance of 175 and also 50DEMA crossed 200DEMA so double confirmation that price is likely to so south... Trade with strict stoploss of 180..... i will look to short in future tmorrow and will update here
Zyduswell Bounceup from previous resistance and given nice trendline breakout on weekly chart all over trend is up....go long for 1st target 1051-after that 1350....cmp 887..
Biocon consistently making higher lows on closing after it bottomed out at 612 levels. If nifty moves down tomorrow on opening you can expect correction from these levels on account of profit booking.
NSE:HINDPETRO has printed a bearish pinbar in its resistance zone......i will look to short around 322 tomorrow..
volatile day tomorrow be cautious with your trades
Market volatility might be high tomorrow. Be cautious on all your trades.
If markets are bullish on Monday. This can test 560 levels again...
NSE:HCLTECH is a good candidate for positional long (1-2 months) as it is trading around its 200DEMA ...so a good entry for positional/trend traders
NSE:YESBANK has printed a bullish pinbar near its support of 342 ....it is a positional buy (1-2 weeks) for trgt of 365 with stoploss 338
NSE:SUNPHARMA has printed a bearish pinbar today and failed to close above its 50DEMA since last 3 days... to me it looks week .....will go short tomorrow
NSE:M_MFIN has printed a bearish pin bar and looks like it will retrace before giving a breakout.......will look to short tomorrow