IDFC could break out from its longer term resistance, leading to a strong rally. Or break down below its short term support trend, which would be a good time to initiate shorts. Will observe closely and take position accordingly.
Mindtree NSE:MINDTREE has gained 10% on NSE with volumes move than 4 times its average, which has also crossed its monthly resistance and weekly resistance on Friday(23/02/29018).
Likely to see further upside from here. Hence a Buy on MINDTREE around 812.75 with SL of 805 and Target of 832.
"Mirc Electronic" looks positive in Daily chart with forming Higher High's and Higher Low's. According to that the prices are having bull run. Now, going to Intraday 1 hour chart we can see that there is a Trend Line support at current market price indicating that prices may recover from current levels. Adding to that we, Secondly, Usage of Fib Retracement of very ...
After making all time high of 696 niittech corected to 605 & then gave a breakout from the flag pattern .Size of the pole is 235 so the tgt will be 875.Keep the low of the flag as stoploss i.e. 605. Will Niittech reach the tgt or hit the stoploss.Let's see.............
It's a Good Long weekend, Days like these are the most welcome ones & I also have sometime to pick n choose Mid-cap stocks which are far away from the line we play by. Cutting straight to the subject IFB Industries looks quite promising based on post above, A Good 2-Year Old resistance zone is broken very convincingly with great volume surge compared to previous ...
Symmetric Triangle on SUN TV and it may break either side but indicators like RSI, MACD & Stochastic are showing bullish sign. Let see, where its going to break ?
Levels for Long:
Level 1 - 505
Level 2 - 516
Level 3 - 526
Level 4 - 536
Levels for Short:
Level 1 - 473
Level 2 - 465
Level 3 - 456
Level 4 - 446
Morning Star candlestick formation on Weekly chart of Century Tex, which is giving bullish trend for short term.
It's a short term recommendation.
Buy Above = 813
Target 1 = 906
Target 2 = 978
Stop Loss = 747
Reward Points = 165
Risk Points = 66
" Happy Trading "