NSE: Vedanta below 159 can hit 116 NSE: Vedanta below 159 can hit 116 or lower to 90
Company fundamentals and growth vision is good.
Current sell off is due to a news related to Anglo American Plc stake buy.
That doesn't justify the cause why purchase?
Given this scenario below 159 stock might fall to 116 or 90 levels.
131 level is one of the long term support level.
Until company come forward and clarify stock might fall.
Sell on Rise.
Selloff
NSE: RNAM Oversold towards 113NSE: RNAM Oversold towards 113.
Falling since beginning, with group company bankrupt, effect might be seen on this stock.
Very oversold. Short bounce back is expected, but will not last long
Price might be pushed towards 113 if consistent close below 134 level on daily chart happens
HEXAWARE #SELL BELOW 310.45 INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 5th, 2018)
HEXAWARE #SELL BELOW 310.45
HEXAWARE #SELL BELOW 346INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 25, 2018)
HEXAWARE #SELL BELOW 346
Godrej Consumer Products - On High Selling Pressure (Sell)It is been observed that in the range of 1550-1565, there is a high selling pressure that takes the prices down to lower levels. Today price action showed tremendous weakness at that range level that formed a long red candlestick with a upper wick showed price rejection on higher levels. I would recommend shorting it for a while until the price action breaks above the 1565 level.
Target: 1480
Stoploss: 1585