LT has traded with volumes more than 6 times its average on NSE today with Total gain of 6.82% on closing basis. Stock is in Uptrend now with Gap-up opening today. Fresh Longs being built up today on LT. Tomorrow will be an opportunity to enter the stock preferable around 1315 levels. I have mentioned an entry at 1317 with Stop-loss on closing basis below 1300...
JET AIRWAYS today broke the upper resistance line of 2 months long bearish channel. Broke the resistance of 316 and went up to 331. A high move could be expected with a target of 20-30 pts.
Facebook is a stock with strong fundamentals and zero debt. Irrespective of some bad news recently, the stock still rallies in the upward trend. I have seen the weekly chart which shows since 2013 the stock is on the upward trend and moving above the 100 EMA consistently. The chart respects the strong support pink line and on july 2017 it broke the green...
MCX has gained 5% of NSE with thrice its average volumes Kijung and Tanken above ichimoku cloud and stock trading above all of these with positive bias. Seems to be heading towards 895. Buy MCX on NSE around 833 with Stop-loss of 797 and Target of 895
nifty long above 10278 spot stoploss will be 10258 once trade triggered , trgt 10300 10325 10340
Look for buying GIC housing, breaking out, indicating reversal in medium term trend.
After solid 10% fall, Auro Pharma consolidated well in 690-720 zone and now looking for a breakout on hourly charts above 710-712, if sustains then may see 4-6-8% bounce, 685-690 good support zone.