AXISBANK lost 3.5% on NSE with 4 times its average volumes. Its trading below Ichimoku Cloud signalling further weakness in the stock. Sell AXISBANK around 503 with Stop-loss at 311 and Target 1 of 482 and Target 2 of 478
ONGC is in downtrend and with higher volumes on NSE. SELL ONGC at 178.50 with Stop-loss of 184.3 and Target of 170.40
Sell ULTRACEMCO at 4054 with Stop-loss of 4080 (Stop loss is on closing basis, Please do not exit the stock in intraday volatility), and Target of 3980
BEML has been a favourite shorting opportunity on NSE in the recent downtrend. This call is for tomorrow. Sell BEML @ 1160 with SL of 1190 and Target of 1070
Here, is a potential short setup . I'll go short on PNB tomorrow , only below 145 , if it stays above it, no trade entry. If it's below at 144, I'll go short : A part for intraday, where I'll keep 1 point stoploss and target according to movement. And the other part for positional, where stoploss would be 151 ( 7 points ) and target 132 ( 14 points )...