Asian paints has entered a break down zone and should continue to fall till 2208. Expecting this downtrend the traders can enter Short sell or buy AsianPaints PE2260 25-Feb expiry option.
From current levels 2260 is a good profitable target.
Short Asian paints at current levels!
Enter at current price, the trend is immensely bullish.
Buy Price: 78-80
Target price: 89 - 94.
I see it achieving the first target within 4-5 trading sessions.
SL: 68.9
ONGC, The Maharatna with second largest MARKET CAP in PSE, is trading at good valuation. Our strategy for trading it as follows:-
Enter ONGC at CMP: 100
Short term target 112.5 (within 5-8 trading sessions) 12.5%
Long term target 130 (within 2 months)
The SL can be placed at 89.5
Hi Traders,
Hindalco is one one of my favorite swinging stock.
If it breaks 174.80 strongly then trade as follows:-
Entry: 176
SL: 168
Target: 201
On the downward side, if it sees rejections at 163, then the trade should be placed as follows:-
Entry: 165
Target: 186 - 201 - 219 - 245
SL: 153
Hi Traders,
BPCL is again a positional trade. It needs some confirmations, waiting for it to see rejections at its support bed of 313-330.
Upon confirmations we can enter the trade as follows:
Entry: 325-335
Target: 375 (60%), - 380 (10%), - 415 (15%), - 452 (5%)
SL: 306
Keep following for confirmation.
Eicher motors has come up a long way from recent bottoms. It is still a strong candidate but needs confirmations.
Scenario 1:
It can retest its support bed (although week) range 2012-2065. If we see strong rejections from bulls then we can enter the positional trade.
In this case the trade should be placed as follows:-
Entry: 2050-2100
Target: 2400 - 2900-...
Hi Traders,
ONGC can be entered between 67.45 and 68.50. The stop loss is bare minimum, and the profit range is pretty high. We can see the targets being achieved in a month or two. It is a positional trade. The long term strategy traders can go further beyond the targets.
Buy on dips at following entry prices:
Entry: 68.50, 68, 67.50
SL: 66
Target:...
Hi Traders, go long on LT above 921 if a strong candle breaches 921.
LT can take a good upmove in short term, if a large candle breaches 921 level (a confirmation).
Entry price: 921-924.
Target: 955-966.
Hi Traders,
Go long on ICICI above 374.20 for a target of 399. Booking a profit of Rs 25. The move is expected in 3-6 trading sessions.
#ICICI #ICICIBANK #BANKING #LONG #Safetrade.
Hi Traders!
HDFCBANK has shown small rejections at its weekly support trend line. If it moves upwards it can be traded for 1069, as 1069-1079 is area of strong monthly resistance.
If HDFCBANK falls below 1025 comfortably, it will retest 975.
So keep close watch and follow the strategy as follows:-
In case of upward move:
Intraday traders/Short term traders can...
Monthly, weekly and daily charts present a clear bullish trend while forming the Inverse Head and shoulder pattern. Lately the stock showed a good upmove with a long candle breaching the monthly resistance and reaching 4300 level.
Entry can be made for a Long position at current price: 4300-4320, with target of 4750, and SL of 3900.
Hi Traders!
Hope you are doing well in markets. My trading strategies might help you to increase returns on investments. My strategy prioritizes safety over exponential profits.
This stock being low in value will give profit or loss on high volume trading. So those who pay high brokerages should either trade in higher volumes to cover brokerages out of their...
