APOLLOHOSP has broken its recent downtrend line and closed above the line. Signifying renewed interest in the stock coming in as volumes are double and the PA covered previous 3 days downfall.
Buy APOLLOHOSP Above 1029 for Target 1 of 1059 and Target 2 of 1086 with Stop-loss on closing basis of 1015.
Please consult your Financial advisor before taking a call on this.
EURINR is close to its multi month support level and is a good buy with a better risk to reward ratio.
Buy EURINR ONLY AROUND 77.83 (CMP: 78.135) with Stop-loss of 76.94 and Target 1 at 79.30 and Target 2 at 81.20
Please Note!!! Trade the script only after consultation by your financial consultant. We are not SEBI Registered and hold no liability for the scripts...
TORNTPHAI Torrent Pharma consequently gained 3% on NSE today with 4 times its average volumes, although NIFTY itself lost 40 Points today.
Considering the greater volumes on the counter with prices above Ichimoku KUMO, TORRENT pharma is a great buy around 1448 with Stop-loss of 1430 and Target of 1548.NSE:TORNTPHARM
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
High Risk/Reward Ratio on UNION BANK OF INDIA Stock to go long here.
Exposure to Gitanjali Gems NPA has been blown out of proportion in relation to this stock. Time to be greedy when others are fearful. Getting behind this stock at these price levels which havent been since since early 2007 becomes a smart play.
AXISBANK 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
As per my wave analysis..
I would wait for the prices to go down around 275 levels, and for reversal sign for me to buy this script for UP, as the prices can then go up to 375+ levels.
Wait game starts for this script..