Positiontrade
TTK PRESTIGE - LONG
Potential Turnaround Stock - Positional Idea
TTK Prestige
LTP ~ INR 5984/-
Breakout At INR 6575/- Resistance At INR 7750/- Support At INR 5325/-
The stock from a technical standpoint is trading Above 3% to its 50DMA and comfortably placed above its 200DMA, around 10% above 200DMA.
50DSMA ~ 5774.40/- Trading above 50 Day SMA from 24th Dec 20
It needs to take support around the 50 DMA level to continue further upside move.
Stock is technically in a Mildly Bullish range
The technical trend has improved from Sideways on 24-Dec-20The stocks MACD and Bollinger Band technical factors are also Bullish
Infratel - LongBharti Infratel is breaking out from a major resistance at 190 - Can Positional Long for 1st Target of 210
Titan: Daily closing above gap zone is importantThere is a gap on daily chart @ 1150-1180...It is very important to give daily close above 1180....
If it will manage to close above 1180 then it may test it's next supply zones on the upper side @ 1210-1230 / 1265-1280 / 1270-1300 within 3 days to 3 week time.
Equitas Heading down - Target of 45 in few trading sessionEquitas has given a Positional short signal basis the Convergence of Rising Vixfix and Declining OBV. It is a Positional Short - Target of 45, I would enter via Theta Neutral Bear Put Spread
BPCL bullishBPCL took support from an important level i.e. (240-250) and now is shooting higher.
Positional traders can enter after 375 level is breached with stoploss of 300 and target (450/550)
As the major trend is bullish (once 375 level is breached) intraday players can look for various buy opportunities.
PVR [Positional trade]Go long if it sustains the (1025-1045) level for the targets of (1116-1135) / (1245-1263) / (1562-1590) with the intermediate resistance of 1450.