Stocksignals
BUY SOBHA Strong buying position being made in Sobha above 455 level with a stoploss below 442 and a first target of 475.
The demand zone looks to come into play at this level and it is expected to see the buyers take control of the trend signalled by RSI diversion.
If anyone wants to enter for Intraday position the target should be 463.
BankNifty 14 may Friday AnalysisBlack Trendlines Represent on 1 Day Time Frame, with support @ 31760 ( Support highlighted )
Green trendlines Represents 1 Hour TimeFrame. Where 32400 is support and 32800 is Resistance.
Red Trendlines provides analysis for short term- 15 minutes and 30 Minutes.
On shorter time Frame, Price has created RSI diversion and falling wedge,
which shows market can go bullish tomorrow, also depends on Global sentiments.
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PS- Showed my analyis, trade on your own.
HATSUN AGRO PRODUCTS. Retrace has happened is it time to buy?HAP was taking resistance around 808 level for 3 months and now the breakout ocurred and there is a retracement. if the stock closes above 850 level than it is better to go long. the target would be 960 and stop loss is 760 or 720 according to your risk.(swing only). HAPPY TRADING
AUROPHARMA BULLISHAurobindo Pharma looks to breakout the trend. Currently there is a resistance at 1010 range and a strong support on volume profile near 940 range. The stock has tested its low and is currently in the phase of its second leg.
If the stock breaks out above 1010 range, buy it with a target of 1050-1100. Keep a stop of 980
AMBUJACEM buy signal at 246/240 , Broke its resistanceI will look at buying AMBUJACEM because :
Ambujacem has broken its major resistance.
It has high chances of reaching 290 levels .
It has broken the resistance and that resistance may act as support .
Entry : 246/240
Target : 270/290
Stop loss : 230