After a very good uptrend i think trend is changing now with this breakout on downside. you can see this on chart clearly it broke out the trendline and also the head and shoulders pattern is also there. my targets for this trades are TARGET 1- 709 TARGET 2- 701 TARGET 3- 684
Risk: Reward is 5.9. SL 330 Target 375
PTC INDIA LTD : Intraday Long & Short Calls Buy @79 Target @82, 86 Sell @76 Cover @73
TVS MOTOR COMPANY LTD : SHORT Positional Short @462 Cover @440 Mar Futures
ABB INDIA LTD NSE: : ABB Long & Short Calls 1,2 week levels to watch out : Buy Above : 1260 Target : 1270, 1276 Sell below : 1240 Cover : 1233 Short term target : 1300
PUNJAB NATL BANK NSE: : PNB Long Call buy Above : 76 if closing above 76 for one or two sessions. Target : 78.4 , 80.2
GAIL INDIA LTD NSE: : GAIL : Long & Short Analysis Upper Levels : 330 ,332 , 335 ,337 , if breakout trendline then next stop at 341 Lower levels : 323 , 317 , 314 , if ssutains below 314 then next support at 311
AXIS BANK NSE : AXISBANK Short Short : 685 targets : 677 , 670 targets could be achieved within a 1,2 weeks gap need to be filled of about 23 points from 660-683, our short will try to fill this gap.
TATA STEEL LTD NSE : TATASTEEL Long buy Above : 504 sl- 498 T1- 507 T2-513 T3-519
Nifty is in bullish now, next target of 10930, 10980 (major resistance). Also it forms head and shoulders patterns, so long view says downtrend. 9300 range.
BEML LTD NSE : BEML : Long Intraday Buy Above : 824 Sell @839 Sl- 814
TEJAS NETWORKS LTD : NSE TEJASNET Long Only if sustains Above 162 : buy @163 Target : 178 , 185
GARTLEY PATTERN SELL IN THE RANGE OF 480.45/482.35 SL 491 T1 470 | T2 462
YES BANK NSE : YESBANK : Monthly Analysis : Long | Short | Level Important levels for Yes bank Upper side : 230 , 270 , 295 , 305 , 330 , 380 , new 52 week high Lower side : 215 , 180 , 155 , new 52 week low
VIP INDUSTRIES NSE: VIPIND : LONG Support at 9 DEMA 437-438 levels, if it crosses and sustains above it , buy above 438, target- 455 sl- 410
SunTV : NSE : Short : Weekly Analysis : Get Out Soon Short around 560-570 Targets - 530 , 510
Sell Eveready below 202. Target 198 and 194. SL 205.