ICICI lombard general insurance has formed a flag pattern. Key points : 1. Stock has retested long time multiple resistance of 1397 and has started to give upmove. 2. About to give a breakout for the bullish flag pattern. Caution : Entry to be taken alongwith volume confirmation. Note : This is an analysis done based on personal knowledge for knowledge sharing....
DR REDDY IS LOOKING TO RECOVER TODAY IT HAS FORMED A SPINNING BOTTOM WITH A LONGER WICK ON THE DOWNSIDE INDICATING BUYING PRESSURE AT LOWER LEVELS RSI HAS SHOWN A REVERSAL SPIKE NOW IF CROSSES 2049 TODAY THEN IT CAN TEST THE LEVELS OF 2120-2189 IN FUTURES FUTURES TRADE BUY @1993-2005 STOP @1975 TARGET 1@2040 TARGET 2@2080 TARGET 3@2120 LOT:400 SUGGESTED:2 LOTS
EXIDE AFTER POSTING GOOD RESULTS HAD SHOT UPTO 8% IN A DAY AN SINCE IS SEEING PROFIT BOOKING NOW ALONG WITH THAT IT HAS SEEN ACCUMULATION FROM LEVELS OF 258 TO 262 AN INITAL BREAK ABOVE 265 ON CLOSING BASIS WILL HELP US SEE NEW LEVELS AND WILL TEST RECENT HIGH FUTURES TRADE IN MAY CONTRACT BUY @257-259 STOP @254 TARGET 1@262 TARGET 2@265 TARGET...