HINDALCO SELL at 202.55 SL 206.25 TGT 190.10HINDALCO looses 3.4% on NSE today with greater than average Volumes and fresh shorts seen on stock. Sell HINDALCO around 202.55 with Stop-loss on closing basis at 206.25 and Target of 190.10
Mjstocks
AXISBANK: SELL @ 503 SL: 311 TGT1: 482 TGT2: 478AXISBANK lost 3.5% on NSE with 4 times its average volumes. Its trading below Ichimoku Cloud signalling further weakness in the stock.
Sell AXISBANK around 503 with Stop-loss at 311 and Target 1 of 482 and Target 2 of 478
SOUTHBANK: Sell at 23.75 Stop-loss at 24.5 Target of 22.15SOUTHBANK is the weakest in Private banks and looks a good shorting candidate. Sell SOUTHBANK at 23.75 with Stop-loss of 24.5 and Target of 22.15
L&TFH: SELL Around 154.45, SL of 156.45, TGT of 149.2L&TFH has broken down Ichimoku Cloud with good volumes. Sell L&TFH around 154.45 with SL of 156.45 and Target of 149.20
HCC: SELL @ 30.35 Stop-Loss of 31.25 Tgt1@29 Tgt2@25.8HCC has broken with greater volumes on NSE below Ichimoku Cloud and with bearish indicators setup.
SELL HCC at 30.35 with Stop-loss of 31.25 and Target1@29 and Target2 @ 25.80
ONGC: SELL at 178.5 Stop-loss 184.3 Target 170.4ONGC is in downtrend and with higher volumes on NSE. SELL ONGC at 178.50 with Stop-loss of 184.3 and Target of 170.40
MARICO: Buy around 312.8 SL: 310 and Tgt: 322.50MARICO traded in HIGH volumes on NSE today which broke above Ichimoku cloud.
Buy MARICO at 312.80 with SL of 310. and Target of 322.5
ULTRACEMCO: SELL@4054 SL:4080 TGT@3980Sell ULTRACEMCO at 4054 with Stop-loss of 4080 (Stop loss is on closing basis, Please do not exit the stock in intraday volatility), and Target of 3980
DIVISLAB: Buy @ 1068 Stop-loss 1043 Target: 1120DIVISLAB has increased OI today on NSE on greater than average Volumes.
Buy DIVISLAB on NSE around 1068 with Stop-loss of 1043 and Target of 1120
MARICO: Sell @ 302.1 SL: 304.30 TGT: 298.55MARICO has sold today with slightly larger volumes on NSE signifying a sell in MARICO around 302.10 with Stop-loss of 304.30 and TGT of 298.55
NMDC: Sell @ 123.90 SL: 125 and Tgt1@122, Tgt2@119.40NMDC lost 6% on NSE today with twice its average traded volumes. Fresh shorts have also been initiated.
SELL NMDC@123.90 SL:125 TGT1:122, TGT2:119.40
MINDTREEL: Buy Around 836.5 SL:820 TGT:920MINDTREE has yet again outperformed with 5.5% gain on NSE with 2.5 times volumes. Stock trading above Ichimoku Kumo with Rising ADX signifying a buy around levels of 836.5 with Stop-Loss of 820 on closing basis and for targets of 920.
If trading in CASH segment, then keep the stop-loss at 802 on closing basis. And hold the stock for further up move.
Please do consult your financial advisor before taking calls submitted here. I am not a SEBI Registered analyst.
SIEMENS: SELL BELOW 1164.5 SL 1174 TGT: 1132SIEMENS again can be sold only below 1164.5 with Stop-loss of 1174 and Target of 1132.Please consult your financial advisor before taking this call. Or you may consider to HEDGE your position as SIEMENS is closing its support area.
SUNPHARMA: Buy above 582.1 T1:587.65, T2:593.7, T3:599NSE:SUNPHARMA has gained 5% on NSE with 4 times its average traded volumes and have closed just above Ichimoku Kumo High, classifying the stock in bull phase. Buy MAR FUT SUMPHARMA above 582.1 with stop-loss of 576.0 and Target 1 at 587.65, target 2 at 592.70 and Target 3 at 599. Can hold the stock if closing above 600 for levels of 620
NIITTECH: Buy @ 857 SL: 837 and Target of 904NIITTECH has crossed recent resistance and above Ichimoku cloud. And has increased volumes on NSE with gain of 4%.
Buy NIITTECH at 857 with Stoploss of 837 and Target of 904
TV18BRDCST: BUY@61.85 SL@60.60 TGT@65.60TV18BRDCST has gained 3% on NSE in otherwise bearish market with crossing over the Ichimoku cloud and Tenkan corss Kijun signalling a further upside for TV18BRDCST.
Buy only at 61.85 with Stop-loss at 60.60 (on closing basis) and for targets of 65.60
BANKNIFTY: Buy@ 25720 SL 25532 Tgt: 26200BANKNIFTY just breached ichimoku Kumo signalling a buy above 25720 with Stoploss of 25532 and Target of 26200.
NIFTY: Heading 10720?!NIFTY Just crossed Ichimoku cloud with supporting RSI and likely to close above it. Which has also confirmed NIFTY crossing EMA20 on Daily charts qualifying a BUY with Target of 10720.
Could this be a re-start of previous bull-run? Yet to be answered. however, Long trade is setup on NIFTY for now.
ORIENTBANK: SELL Below 92.6 SL 95.05 T1:90.3 T2:87.95 T3:85.6ORIENTBANK Crashed on NSE close to 11% with Volumes more than 12 times its average and has been below Ichimoku, crossed its recent Resistance level with GAP Down opening an excellent opportunity to go short in the stock.
SELL ORIENTBANK Below 92.6 with Stop-loss of 95.05 and Target 1 at 90.3 Target 2 at 87.95 and Target 3 at 85.6
INDIGO: Buy Above 1342 SL:1332 T1@1349 T2@1358 T3@1368INDIGO is the BULL-airliner. Buy only above 1342 with Stop-loss of 1332 and Target 1 of 1349, Target 2 of 1358 and Target 3 of 1368. Above Ichimoku Kumo with Volume breakout.
However enter only above levels of 1342.
MINDTREE: BUY @ 812.75 SL 805 TGT 832Mindtree 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.
IDBI: Buy@74.4 SL@72.25 T1@76.6 T2@78.7 T3@80.90IDBI surged in trade today with PSU Banks re-bouncing, IDBI seems to be a better option. 5.4% today on NSE with close to 3.5 times its average volumes which signifies returning interest in IDBI. Well above Ichimoku IDBI stands on my BUY list in CASH Market only above 74.4 with Stop Loss of 72.25 and Target 1 of 76.50, Target 2 of 78.70 and Target 3 of 80.90
Please do consult your financial consultant before taking any calls from my end.
COLPAL: Sell Below 1040 SL 1048.15 T1:1032.35 T2:1024.35 T3:1017Colgate Palmolive NSE:COLPAL has lost 3.5% on NSE today with close to 3 times its average volumes. As per Gann Square Sell COLPAL below 1040 with SL of 1048.15, Target1: 1032.25, Target2:1024.30 Target3:1016.35
