Positivity

ZeeL buy view was given in the telegram channel with technical details. It has already rallied 15 points. Now its getting ready for a big upside probably 394/440

We have seen breakdown after (5) wave and fired move in downside which still unstoppable. This channel is not much reliable target/support 11337 and Final support from measurement at 11212 nearby. I have drawn the "FLAG PATTERN" in a chart which has still left more fall. It's a negative...

Ultratech Cement is up for a bearish move towards 4375/4200/4050. Stock is making LH-LL and weekly charts have generated a bearish crossover. So timeframe may be longer and quicker results not expected. RSI on weekly scale have fallen below 60 mark. One can trade with a bear put spread for August expiry instead of shorting futures directly. Planning to deploy...

Wipro buyback offer is open and it may gain momentum in sometime. Good time to create a net credit bull call ratio spread for August expiry. +1x 29AUG2019 275CE - ₹ 3.9 -2x 29AUG2019 285CE - ₹ 1.75 Max. Profit ₹ +11,520 Max. Loss ₹ Undefined Breakeven 0-294.6 Estimated Margin₹ +100,850 PayOff: bit.ly

TechMahindra had a decent correction and stock is giving early breakout after consolidation. Stock looks good for a no-debit no-credit option spread for August expiry with a breakeven of 620-780. In case stock moves near breakeven then further adjustments can be done by shifting, rollup or rolldown of short positions. +1x 29AUG2019 700CE - ₹ 13.2 -2x ...

BankNifty seen major sell off in last day of the previous week wiping out 660 points in intraday. On daily scale it has formed double top kind of pattern and has given breakout below its neckline of 30223. Theoretically it can test 28525 which is height of "M" and 100% retracement of the pre-election rally. Due to the heavy correction it might see a pullback...

#CoalIndia looking good in hourly charts to go long positionally for a target of 236 in near to short term. Market is volatile and hence its advised to take the trade through options using bull call ratio spread. +1x 29AUG2019 220CE - ₹ 8.85 -2x 29AUG2019 250CE - ₹ 1.4 Max. Profit ₹ +52,690 Max. Loss ₹ -13,310 Breakeven 0-273.9 PayOff: bit.ly

Everything is in the chart.

USDINR taking Support on Falling Channel with Positive Divergence wrt to RSI indicator.

Today Nifty 50 was 280 points Down but TCS was in Green because it took good support @ 2132 and recovered. I am expecting next level @ 2230. It is Positional Call. Stoploss will be Breaking support line @ 2132. Think, Research and Analyse your own before taking any decision

LOOKS GOOD ABOVE 170 WITH SUPPORT OF 160 POSITIONAL TRADING BOUNCE CAN BE EXPECTED

TITAN BUY ABOVE 1310

KSCL SELL BELOW 508

HEXAWARE SELL BELOW 348

AURO PHARMA BUY ABOVE 660

Stock is seeing bearishness for many days. It has completed its HNS pattern and is currently trading at the neckline. Short when price breaks below this neckline.

SBILIFE Given a strong breakout abv a major resistance of 630 if sustains look for long side opportunity. Entry : 620 <=> 630 Stoploss : 5% (Closing Basis) Basic Target: 10% if you have any queries regarding above idea or any other stock feel free to D'M Announcement : Recently we launched, TruStox Community a community driven platform for Traders with...

PIDILITE Industries has finally had its head and shoulders pattern broken last week. Its certainly very interesting to look for a good entry and join the 'long' ride :)