As per the current structure the rise is in three waves , means its not a starting of an impulse. As per the current scenario one should go short near 3180-3200 with SL of 3310 & look for the target of 3050/2900/2780
I will buy GREAVESCOT because :
It has been taking support
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
Entry : 127
Target : 177/190
Stop loss : 118
Affle is a global technology company with a proprietary consumer intelligence platform that delivers consumer engagement, acquisitions and transactions through relevant Mobile Advertising. The platform aims to enhance returns on marketing investment through contextual mobile ads and also by reducing digital ad fraud. While Affle's Consumer platform is used by...
The journey of the company started in 1995 as Sona Okegawa Precision Forgings, which was a 75:25 joint venture between the Sona Group and Mitsubishi Materials and the pioneer of warm forged near net-shaped gears manufacturing technology. The Sona Group, after acquiring Thyssen Krupp’s forging business (which acquired BLW, the inventor of warm forging) and 25%...
I will buy NETWORK18 because :
The price is going to brake the resistance.
It showed a good move upwards before breaking Resistance.
The price is now at support the resistance may act as SUPPORT.
Entry : 75
Target : 110
Stop loss : 66
GRANULES INDIA as per Daily Chart Analysis today had broken the consolidation and also broken its first resistance level 310 and closed at 313 level. The Stock should move from here and next resistance is at 335 level. Holding the Stock and Happy Trading to all
LICHSGFIN today had taken its previous multi year support at 385 level by making low of 388 and had a come back closing at 401 level. Trend of the market looks reversed as of today and hopefully if it bulls market then the stock should reverse from here. Holding the stock. Happy Trading to All.
I will buy SRF because :
It has been taking support at the trend line .
It has been consolidating and give big move soon.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 2120
Target : 2800
Stop loss : 1992
UPL has been trading in falling channel and is currently near the upper band of channel, price rejection is visible at these levels. The price action behaviour of this channel indicates that we can see some fall in UPL and price could go to 700 & 680. View neglected if price breaks the upper band and sustains. Stoploss for this setup is 768 or conservative traders...
Rounding bottom breakout of the ascending triangle formed in BSE has now re-tested the upper side of the Triangle.
If the re-test is sustains, can expect uptrend to resume.
SBICard has been actively taking support at 200 EMA and bouncing back and hitting 1140-1160 levels, but this time it seems it isn't headed towards 200-EMA and rather it is forming a Bull Flag , one can go long once breakout done and expect an Immediate Target of 1300.
Short Term Target: 1500
Mold-Tek Packaging is engaged in the manufacturing of injection-molded containers for lubes, paints, food and other products.
Innovation and Value Addition:
In the early 1990s Mold-Tek pioneered the concept of plastic pails for paints industry, It has introduced plastic containers for lubes industry with value added features like ‘pull-up spout’ and tamper &...
Indian Railway Catering and Tourism Corporation (IRCTC) is a Mini Ratna Central Public Sector Enterprise under Ministry of Railways, Government of India. IRCTC was incorporated on 27th September, 1999 as an extended arm of the Indian Railways to upgrade, professionalize and manage the catering and hospitality services at stations, on trains and other locations and...
IDFC First Bank has been in a long period of consolidation that has formed a triangle.
Over the past few weeks, such consolidation period can be seen to round off into two smaller bottoms, forming higher lows.
200 EMA support is pushing the stock into a triangle breakout now, which looks good to achieve the charted targets over the next few weeks.
Breakout of a falling wedge is a bullish reversal, which has taken support of the 89/100 EMA.
A re-test of the breakout has taken place, and targets over the short to mid-term have been mapped out on the chart.
Greenply Industries took solid support along its 200 Exponential Moving Average (200 EMA).
This led to a breakout of the falling wedge pattern and is indicative of a bullish reversal.
Targets indicated on the Chart.
Breakout above the long-term parallel channel in City Union Bank. With banking stocks poised to do well, this could follow.
Targets indicated over the long-term above.
Could see a re-test of the Parallel Channel (or of the 200EMA) support) before the next big leg up.
