NMDC long position taken after the formation of hammer in support level.
A must have in portfolio. Buy at small risk around 300-320 with 10% stop loss. Target will be around 1000 in 1 year. Momentum stoc
AB = CD Formation on Nifty
Long Positions can be made in tech mahindra as since its near it support line
1. Descending Triangle Formation Break Out 30M Chart 2. Price Level Marked. 3. Morning Star Formation on Day Chart 5. Fibonacci Retracement Level used for flow of Price Level
Down 63% from high Now at IPO price Wait for the closing above 540 Initiate long position after that Wait for the first pull back above 540 for confirmation
VEDL at long term support zone
Will go long till 471 and further can go long till 498-499.
Good stock to earn a profit.
Upper Triangular pattern is forming once 350 is hit can go up to 356.
Will go long tomorrow, Book profit. If crosses 698-700 level can go up to 708-709.
Third touch of the 1 hour trend line with the bullish confirmation candles. Stochastics and Momentum Indicators are also indicating a buy. Expecting it to buy through the week till the next resistance level.
Cipla can go LONG if TL is not broken which can be seen easily from graph.
cadila buy call at 255-260 approx target should b aprrox 300-310