Short Term Call Buy Axis Bank cmp - 449 - 445 Target - 475 (Immediate Target) StopLoss - 427
RELCAPTIAL price action is bouncing from the cup and handle breakout zone 530/570 ready for target 900+ keeping stoploss below 500.
CANFINHOME stock price bounce from the medium team support zone 508/538 ready for target of 650+ by keeping stop loss below 473. 1. we can RSI divergence. 2. MACD is positive. 3. RSI above 50.
GRANULES price action has given downwards trend line breakout, support zone at 125/130 resistance at 154 stop loss below 108. indicators are positive.
Tata Steel Ltd., incorporated in the year 1907, is a Large Cap company (having a market cap of Rs 64163.38 Crore) operating in Iron and Steel sector. Ratan Tata was the chairman of the Tata group since 1991. As he Said, "I don't believe in taking right decisions, I take decisions and then make them right".He boldly got Tata Tea to acquire Tetley, Tata Motors to...
The new leg of upmove has come after decent consolidation. This leg should be a good one.
Kajaria failing to cross resistance levels of 725. Can go short after red candle.
Berger nearing resistance levels of 270. Can short if reverses.
Mindtree started reversal from Support levels of 440. Can long.
EXIDEIND price action retesting the resistance zone near 205. made cup and handle breakout at 205. go long for target of 240 keep stop loss below 190. from last three week stock is holding 193 has strong support zone.
The index is contracting and soon could make a big move. If the move is on the upside, a rally of around 200-300 points could come. If it breaks on the downside, the consolidation will again continue in 9750-9960 range
A breakout may come soon. Inside the lip-locked range of 9960 to 9760, the channel is uptrending. This should break soon. Its a matter of time when
BERGEPAINT stock price has given a cup and handle breakout near 250. watch near 242/250 for target 310 stop loss below 230.
Range Bias action 9750-9960. Be careful while shorting..Look at 9780-9800 to initiate longs. Keep in mind the global risk conditions.
Nifty is locked in a range of 9800 to 9960 For very short term trade light with any bounce from 9800-9790 to any fall from 9950. Once 9960-9980 is taken out the up-move will resume. Houly chart range 9800-9950 15 min chart range 9820 - 9950
NTPC price action has given a triangle breakout add near 162/167 for target 177+ stop loss below 158
REPCOHOME stock price action bounced from the strong support zone 735 ready for the target of 900+ stop loss below 710. viewers can find +ve RSI divergence.
We have seen that the basic formation of Trend Analysis is Higher Top Higher Bottom formation & Lower Top Lower Bottom formation. Prices have recently corrected from his recent highs and it was shoot up yesterday with GOOD Volumes. If we judge it as Higher Top Higher Bottom formation we can see that Prices can make new highs above 337 or levels. If prices breaks...