M&M | Triangle - Expecting breakout and could give us 10% The reason i'm expecting breakout is it has strong weekly support for the last 2 months - Switch to Weekly chart to get more clear view CMP : 595 SL : 580 Target : 655 1:4 risk reward setup
BHARATFORG | Looks good for a small swing trade - 12% CMP : 455 SL : 440 Target : 515
Showing a sideways movement since two days. RSI Divergence is showing a bearish movement. It might take a retest and can be shorted for quite a nice target.
Bank Nifty Might go through a short term retracement and continue its bullish move for next week. Seems US elections will settle down as we know who is next president already. SO market should take this positively.
AUROPHARMA Looks good above 785 levels for Long and Looks weak below 774 levels for Short between 785-774 is no Trading zone
on a weekly chart Bank NIfty is at the resistance level From so long Bank nifty is moving in parallel channel. If It follows the same trend then possible to have big downward move. Sell BankNifty Future or Buy PE of December Monthly expiry. Even Daily RSI is also in Overbought Zone. Just my view. Happy Trading.
tgts of atleast 410-400rs could be achieved if it rejects it
BHARATFORG If touch the above trend-line will revers to the below trendline
current market analysis we expecting Reliance will move uptrend for couple of days. Short time or long time good, Once Reliance cross 2000 level then we can see a good move.
It will reach 1450 and then downfall will come Sell = 1450 target = 1300 and 1250 Stoploss = 1520 It is confirmed by channel and harmonic pattern. Education purpose only
Bear flag pattern formation, higher likelyhood of breaking to the downside Short below 176 on 4H close Target: 155
NIFTY | May seal the gap at 11300 - Considering to take PUT with hedge to prevent overnight gap up or gap down. CMP : 11560 SL : 11620 Target : 11300
TCS coming back to fill the long created gap. Sell below : 2600 Target : 2555 Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational...
Stay Short as long as it is below the trend line
Investment Pick: Looks good above 68 with confirmation on daily level closing for 80/90/100+ in 2-3 months. This is good script both technically as well as fundamentally. SL would be 60, keep trailing your SL every 5 points move. Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor...
BTC might see 13300, 13080 and final target 12800. If by chance it does come there I would be very interested in buying it again. But till then its a short opportunity