NSE:KOTAKBANK printed a bearish pinbar which shows profit booking at its all time high.... looks like it will retrace before breaking its high......So i will Go short around 1125 tomorrow......Contra trend trade..not for faint hearts ;).
NSE:TATAMOTORS has printed a nice bearish pinbar in such a bullish day..... i will go short tomorrow around 367 for trgt of 340
NSE:ADANIPOWER has printed a bearish pin bar today ... so i will go short tomorrow
long Mahindra Tomorrow around 745 with sl 735
NSE:BANKBARODA has a resistance around 146 ... it has printed a bearish pinbar .....will look to short tomorrow above 142 for first trgt of 136. with stop loss 147... once it closes below 132 ... get ready for free fall
NSE:ZEEL has printed a bearish pinbar around its resistance of 590......i will look to short around 590 for trget of 550 with stop loss 600
NSE:ONGC has printed a bullish pinbar around its support of 175.....i will look to go long around 177 for target of 184 with stop loss of 173..
NSE:COALINDIA printed a bearish pin bar around its resistance of 272 ,so i will go short tomorrow for the target of 260-262 with stop loss of 274
NSE:CIPLA printed a very nice bullish pinbar and closed around its support of 550.. i will go long tomorrow around 550 with stop loss 540 target 575
NSE:M_M printed Bearish Pinbar Around 742 ...which is now acting as a turning point ...my bias is negative (as i can see 2 bearsih pinbars back to back)... i will go short around 742-745 with stop loss of 752-755 for first target of 720...
NSE:INFY is unable to close above 1190 and facing resistance....today also it has printed a bearish pinbar....i will look to short tomorrow..around 1185-1190 with stop loss of 1200 for immidiate target of 1150.
NSE:BALRAMCHIN has printed a Nice bullish pinbar around 80. i will go long around 84 tomorrow.....Contra Trend trade...High risk trade ...play with a very light position
NSE:TECHM printed a bearish pinbar at 630 ...showing sign of reversal at least till 600... i will go short around 625 tomorrow
NSE:GAIL has printed a Bullish Pinbar just at its 200DEMA and near term support of 432.. I will look to go long tomorrow
NSE:IOC formed a nice bearish pinbar and closed below its 50EMA,200EMA and near term support my target for IOC is 360 , will look to short tomorrow
NSE:ICICIBANK printed a bullish PINBAR at 200EMA and near term support as shown in chart. Tomorrow i will go long with a stoploss of 297 for first target of 315.
i will short axis bank on monday.... as a bearish pinbar formed which closed back in the 525 range..... So i will Short axis bank around 525-530 with stoploss 535-540 for first target of 500-510
NSE:DABUR has printed a bullish PINBAR at its 200EMA and near term support as shown in chart i will go long around 325 with stoploss of 320 for the first target of 335