oversold

This is weekly chart of GLENMARK on NSE (INDIA) with CMP @ 665.55. It looks a good opportunity to take a long position in the scrip based on following observations: 1. Support zone has been marked on the chart where price has taken support multiple times in price band of 505-602. Now, the price has come out of this band indicating reversal. 2. It is also observed ...

This is weekly chart of MINDTREE (CMP @ 834.60) on NSE (INDIA) which looks good for a long trade based on following observations on the chart: 1. A horizontal line drawn on the chart has acted as resistance during April 2015 to Jan 2018 till price broke out of it on 19th Feb 2018 (marked by arrows). Now, the resistance line has turned into support as indicated on ...

This is weekly chart of LT on NSE (INDIA) with CMP @ 1295. It looks good for a long trade based on following observations: 1. Trendline drawn indicates that it has been tested thrice which establishes as strong support (shown with arrows on chart). 2. Similar formation in previous occasion in Jan 2017 as marked on the chart that it's likely to behave in similar ...

This is weekly chart of TATAELXSI on NSE (INDIA). It looks good for a long trade based on following justification (CMP @1036.65): 1. Refer the trendline drawn on the chart which has been tested thrice shown by arrows which establishes it as good trending support. 2. Prior to rising this week, it has consolidated for two weeks. Also a bull horns may also be ...

Century Textile can be shorted below 780 for 760-740-720. SL can be around 801 1. Trend Line 2. Bearish Engulfing candle on Daily Chart 3. Stochastic - Oversold 4. Poor market sentiment

5 DAY TRADE IN YESBANK MARKET WORKS IN GODLY MANNER NO ONE CAN IMAGINE THE DOWNFALL FOR WHAT REASON AND WHERE THIS PANICK SELLING CAME FROM I AM A PROFESSIONAL TRADER TRADING IS MY BREAD AND BUTTER THIS CALL IS NOT FOR LIGHT HEARTED ONES PLS NOTE THE TRADE IS LOOKING FOR IMMENSE SHORTCOVERING IN THE EXIPRY WEEK SO WATCH OUT BE CAREFUL I AM LIKELY TO SURVIVE ...

SWING TRADE IN ESCORTS SEPTEMBER FUTURES BUY@725 STOP@715 TARGET@740 LOT:1100 QTY:2 NOTE:SHORT COVERING TRADE ENTER WITH CAUTION

Jindal Steel has given a breakout and any close above 234 for 238-241-245.

intra-swing trade in arvind september futures buy@493.5 stop@490.8 target@401.5 lot:2000 qty:1

POSITIONAL CALL IN HINDPETRO IF I AM RIGHT WE MIGHT HAVE FOUND THE CRUCIAL SECOND BOTTOM IN HINDPETRO FUTURES TRADE BUY@255 STOP@249 TARGET@290 LOT:1575 QTY:2

POSITIONAL TRADE ON YESBANK SEPTEMBER FUTURES BUY THE DIPS ONES THE NEWS OF RANA KAPOOR IS FACTORED WE WILL HAVE A SHORT COVERING RALLY GOOD ENTRY LEVELS ACCUMULATE BUY@360 STOP@350 TARGET@392 LOT:1750 QTY:2

BTST IN JETAIRWAYS SEPTEMBER FUTRES BAD NEWS FACTROED CRUDE OIL REVERSAL LOOKING GOOD FROM RESITANCE LEVE(BRENT CRUDE) BUY@293 STOP@289.5 TARGET@310 LOT:1200 QTY:2

BTST IN HDFC BANK AUGUST FUTURES BUY@2080 STOP@2069.5 TARGET@2098 LOT:500 QTY:2

POSITIONAL SWING TRADE IN BPCL SEPTEMBER FUTURES BUY@370 STOP@358 TARGET@390 LOT:1800 QTY:2

Levels mentioned in chart

The dollar index is currently trading around a minor support zone. The price action and the stochastic indicator is showing a divergence. So there is a good chance of bounce back. It will retest the broken support zone which is a good time to short.

IDBI going to the new heights! Go Long on IDBI Bank on monday. Reasons for Long 1. Stocastic - Oversold 2. RSI - Oversold 3. Morning Star Formation ( Great success rate) 4. Bounced from the trend line Any opening above 54 can lead to 60 within 2 weeks time frame.

IDBI going to the new heights! Go Long on IDBI Bank on monday. Reasons for Long 1. Stocastic - Oversold 2. RSI - Oversold 3. Morning Star Formation ( Great success rate) 4. Bounced from the trend line Any opening above