Sharemarket
Amarajabat to take long entryAs per long term analysis stock in uptrend & taking pull back . Now long entry can be taken above the price of 740 for the target price of 785 with SL of 721. Good risk to reward ratio. This is for your educational purpose only.
Bharti infratel is at BD pointWeak pattern in bharti infratel. Bullish Englufing pattern at resist level. short entry after BD of the TL confirmation. below the level of 184 TGT 165 SL 195. This is for your educational purpose only.
Shriram transport long entryBuy above 675 TGT 742 SL 645 . closing above the resist level. Good bullish sign . This is for educational purpose only.
Tata Consultancy Services : Chart StudyIt's not required to talk about the strong fundamentals of this IT giant. If you see it's long term chart you can easily identify, with the continuous profit growth in the company share remains in consolidation zone for some time and then breaks out with high volumes and keep on shooting the price.
In Q2 results of TCS in year 2020, CEO has announced the salary hike for it's employees which was on hold in last Quarter due the pandemic situation. Also the company has announce the buyback of Rs 16000 crore at Rs 3000/share.
india bulls weak on chartsLets wait stock to touch the level between 163-166 . Short at this level for the target price of 145 with tight SL 172. We can also trade after BD level of 155 but this is not good risk to reward ratio. Lets see & wait for the session. This is for your educational purpose only.
EXCEL INDUSTRIES Chart StudyExcel Industries is one of the best chemical company which has strong fundamentals. At Rs 1000 Excel Industries is having a strong support. High volumes at this level suggest breakout and next resistance level is Rs 1193. It can be a good buy. This study is only for Educational purpose.