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Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
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The weekly bullish Harmonic reversal appears to have completed its pullback from the 38% level, It is on the verge of a breakout in daily time frame above 13400 which indicates the possibility of 15000 (50% retracement) with a minor resistance at 13800. View negates below 12900
CMP= 1980 Stoploss = 2084 LIKE & FOLLOW DOn't forget to check the related ideas
Another 3:1 opportunity on CONCOR. This is another bullish triangle breakout strategy. Buy @ 430.5 SL @ 425 (previous low) T1 @ 443 T2 @ 445 (near term high)
Its a screaming buy at this level. I will allocate more toward JUNIORBEES and NIFTYBEES at this leavels
Bandhan bank is showing potential of a V shape reversal pattern on Daily and 4Hourly chart. Can expect a retracement upto 200-210 level and the continuation from there towards upward direction.
Supported by MACD crossover TGT 1 - 805 SL - 765
The log-normal monthly chart of Nifty Next 50 shows an uptrend intact even though prices are trading in lower channel.