This is a slow moving stock. The support is at 40, resistance is at 54.50 and if can hold above 54.50 on consistent basis, a level of 93 in intermediate term can not be ruled out. Short term bullish chart and 54.50 can be seen in short term.
IBULHSGFIN is following sinusoidal pattern off late and playing within the range. Last week it broke the support. and some how closed above it. One more good resistance level is around 660. If it closes above it then there will be very good upmove till 730. One can go long onto it with SL below 630 on closing basis. Once it closes below 630, there will be huge...
Gail Daily Time frame Analysis
Demand zone + Bullish Butterfly+ Channel bottom
Can buy @ Cmp till 310
Add more if get @ 300 levels.
Sl 290 ( daily time frame candle closing basis)
KSCL Daily time frame Analysis
Demand Zone + Bullish Gartley Pattern
CMP 480 can buy in range of 480- 455 levels with SL below 450 ( Daily time frame candle closing basis)
Target - 505-530-545-565-590+
1)Double Top Formation
2)Bearish Butterfly pattern
3)Bollinger Band resistance
As shown in chart whenever stock break 2200 level it rapidly moves down and Simple moving average acts as support.
So it can move down up to 2140/2100/2040....
Auro Pharma is hovering near support levels of 705-718..long position can be initiate by putting stop loss of 700 for target of 770-775 levels in near short term
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“I was short on Drreddy and had a Put position in this but at the end of the day when realized that share might be slightly positive and also has approached my Stop Loss, so I was looking to exit my put the same day, However was unable to do as my...