Double Top has formed. But it is yet to break neck line. Wait for it to break neck line and if 1 day candle closes below 8313, then short Maruti Suzuki. Target 7750.
I recommend to Buy Morepen Labs as a positional call for medium term. Charts of morepen labs shows that the stock is oversold in the market with unjustified pessimism. It's prime time to get into the morepen labs with targets of rs. 42.00 which can be seen within 12 months from now. It has created a Inverted Hammer Pattern which is a strong bullish reversal...
Apollo Tyres in a really sweet spot at the moment,both technically and fundamentally. Technically is evident from chart. Fundamentally: Tyre manufacturing industry depends on mainly two raw materials. Synthetic and natural rubber. Natural rubber prices have been falling on account of prevailing risk of global trade war. Synthetic rubber is manufactured from crude...
JP Associates CMP 17.60 Holding 16.40 levels the stock will confirm a higher top higher bottom formation At cmp & / or on dips towards 17.20 - 16.80 the stock can be looked for T1 18.60 ( Short term ) T2 21.80 ( Medium term ) SL if closes below 16.30 Review ur trading plan & plan ur trade accordingly Take care & safe trading...!!!
wait for retracement as its channel breakout looks weak. Entry levels: 47- 49 Sl 44
Impulse moves during downtrend completed on daily charts. Now ready for counter-trend corrective move. Target 1: 670 Target 2: 725 Stoploss: 601