#COROMANDEL FOR 1000STOCK WILL SOON GIVE A LIFE TIME HIGH BO SUGGESTING IMMENSE STRENGTH, ENTERING AN OPEN TERRITORY WHICH CAN BRING THE STOCK TO 1000 LEVELS WHICH IS COINCIDENTALLY ALSO DARVAS BOX TGT AT 997
SELL
Complete strategyThis is a momentum based strategy which generates signals when the price moves with momentum in either direction. This strategy works well on liquid stocks. Its not necessary to close the trade as soon as the close signal is generated and one can wait for the price to move in the direction as indicated by the prior signal unless price starts to go in the opposite direction. The best set up for a trader is his/her own set up and hence it is recommended to use this strategy with your set up/research.
Short Signal: AXIS BANK 1H, Head and Shoulders Chart PatternHead and Shoulders pattern is forming in Axis Bank 1 Hour Chart, Expected Target is 540. Wait for Breakout and you can keep Stop Loss above Right Shoulder or above Head as per your Risk taking strategy.
Head and Shoulder in PUNJABCHEM Good pattern formation in Head and shoulder wait for a pullback or we can say correction to the price 608-610 and then sell at that price.
weakness in coal indiaSell below 113
supply zone 123 to 130(recent LH and also fibonaci retracement 78.6%,61.8%)
Bharti airtel at strong supportBharti airtel will attempt to take a strong support around 414-415 levels.
If the resistance is broken, then the down side could be huge and profitable.
Sell below 414. Target at 388. Stop loss at 427.
IOC to break below 74Indian Oil Corp. To break before 74. It has a strong support at 74.40 and if it breaks, it would have successfully broken the support after multiple tries.
Sell below 74. Target at 70. Stop loss at 76.
NSE:IOC
SBI to reverse after an evening starSBI formed an evening start after an uptrend and is likely to fall till the next strong resistance.
Initiate short calls.
Sell at 193.5. Target at next resistance, ie, 182. Stop loss at 50 DMA, ie, 197.
NOTE: Supreme court to have a hearing on the interest waiver case. NSE:SBIN
NIFTYInverted Head and Shoulders Pattern with wedge pattern
Sell - 11600
Target - 11200
Stoploss - 11700
Bajaj Auto Gap FillThe stock might fill its gap in upcoming session.
These are my personal Views and trade as per your own analysis.
APOLLOHOSP - SHORT SETUPBearish Engulfing Pattern formed. It can retrace upto fibonacci levels - 78.6, 61.8 %
