Probable Downside, but also watch 50 SMA closely. What do you think ??
Trader's Paradise , Breakout is most Probable Look at the S&R. Also watch 200 SMA closely. What do you think ??
CANARA BANK (Canara Bank Ltd) SELL BELOW 220
GRASIM (Grasim Industries Ltd) SELL BELOW 707
Probably Playing S&R, Also 100 SMA is in helping to give a clear trend picture. Falling would be a most likely condition as compared to Nifty 50 but don't ignore the support just below. What do you think ??
Just playing in the S&R zones also 200 SMA is indicating the same. What do you think ?
M&M (Mahindra & Mahindra Limited) SELL BELOW 510
JUSTDIAL (Just Dial Ltd )SELL BELOW 663
TATA STEEL (Tata Steel Limited ) SELL BELOW 361.5
YES BANK (Yes Bank Limited) SELL BELOW 81
IT CAN COME UP TO 6377 ,6580 LOOK FOR HIGHER HIGH HIGHER LOW IN THIS AREA, IF FALLS TO MAKE HIGHER HIGH HIGHER LOW, THEN SHORT AROUND (6377 AND 6580 ). BE CAREFUL FOR FALSE BREAKOUT AROUNG 6600 . AND THEN SHORT AND LOOK FOR 5860 AND 5760 . STOP LOSS 6650
wait for nifty to come up . one can short at 11300 and stop loss 11330 for the target of 11050 and 10870. or risky trade can look for short at cmp and stop loss 11150 . 11300 will very problomatic area for bulls nifty should hold 10800 , otherwise it can slide to 10600. if 10600 breaks than 9900 Disclaimer: All posts/views are for educational purpose only..!!...
Short Hindalco at CMP 177 for target 171 sl 182, Buy Hindalco at 171 for target 190 sl 168.
Follow Chart Instruction. 2 trade Opportunity. 2nd one is better Entry. Low Risk and High Reward. For any Query , text me.