I will look at buying ITC because : ITC has broken its major resistance. It has high chances of reaching 260 levels . It has broken the resistance with good green candle. Entry : 213 Target : 240/267 Stop loss : 201
Entry - 583 Target - 767 Stop loss - 540
I will go LONG on IOC because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 74 Target - 96 Stop loss - 68
I will go LONG on PFC because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 88 Target - 103 Stop loss - 83
I will buy NTPC because : It has been taking support at the trend line . So will be looking at buying opportunities. Book profit once it touches the resistance. Entry : 82 Target : 101 Stop loss : 80
I will go LONG on SHREECEM because: The price is forming a Chanel or Rectangle Pattern . The price is also under Support/Resistance zone. It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) . Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 21198 Target -...
I WILL LOOK AT BUYING OPPORTUNITIES AT GODREJIND because : It is forming a kind of expanding pattern . It has been taking the support of the lower trend line . Now the price is again at its support level so will be looking at buying opportunities. Entry : 376 Target : 418/447/489 Stop loss : 344
MGL has been taking support between the prices 743 and 766. The price range between 743 and 766 has been acting a major support for MGL , The price is again at its support level. So will be looking at going long on MGL. Entry : 778 Target : 957/1094/1200 Stop loss : 665
I will buy ONGC because : It has been taking support at the trend line . So will be looking at buying opportunities. Entry : 67 Target : 85 Stop loss : 62
I will buy WHIRLPOOL because : It has been taking support at the trend line . It has touched the trend line 2 times and has not been able to break it. So will be looking at buying opportunities. Entry : 2067 Target : 2311 Stop loss : 1985
I will buy VGUARD because : It has been taking support at the trend line . It has touched the trend line 2 times and has not been able to break it. So will be looking at buying opportunities. Entry : 162 Target : 190 Stop loss : 158
I will buy BANDHANBNK because : It has been taking support at the trend line . It has touched the trend line 3 times and has not been able to break it. It is also forming a inverted head and shoulder pattern. So will be looking at buying opportunities. Entry : 325 Target : 405/410 Stop loss : 295
Hindustan unilever at 2333... From 2180. Hope you are enjoying the ride. Simple charts are enough to trade.
Hindustan Unilever blast 3%+ to 2255... suggested around 2180.
Cipla hits 770 after breakout... A good trade of more than 10 rupees
HOW TO FOLLOW ALGO SIGNAL: Deciding buy/sell 1.Strictly use only on 1 hour time frame. 2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity. Taking a position: 3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open...
NSE:SBIN Everything explain on chart