It has bounced from the crucial channel support and is bullish on all indicators.
Go Long above 1230 with the SL of 1198, Keep targets of 1239-1255-1280+
SWING TRADE IN APOLLO TYRES
SEPTEMBER FUTURES
WE ARE PLANNING TO GO SHORT ON CRUDEOIL
SINCE WHEN IT CROSSED $76.8 PER BBL ON BRENTCRUDE
240-48 WAS A BOTTOM WHEN WE CAME $80 PER BBL
LETS TRY THIS TRADE OUT
BUY@255
STOP@247
TARGET@272-278-285
LOT:3000
QTY:1
Considering the momentum, I will initiate longs above 2900, with an open target and trailing SL starting the trade with 2820.
Will keep updating further actions.
Zee Entertainment is a good stock to buy for short & long term purpose both, now it is above it's double support line area @ 493. So you can buy it with a conformation above "15 EMA" line on a Daily Candlestick Chart with a stop loss @ 490 & profit target of 3:1 to your risk amount.(Lower RSI + Positive Trend).
Its inside falling wedge,
But bouncing from support,
Buy above 69.1 with intraday/short term targets 70.25, 71.25,
If the resistance is broken will keep higher targets
THE INDEX HAS ENGULFED ABOVE THE CLOSE OF THE
PREVIOUS BAR.
STOCKS LIKE BOI AND BANKINDIA AND CANARA BANK
HAVE ALSO SEEN BULLISH ENGULFING PATTERN
BUY ANY OF THE ABOVE STOCKS WITH A SHORT TERM VIEW
NSE:ICICIPRULIICICIPruLife is trading near support area of 360-365 from where it has bounced two times in past one year, same is visible in above chart. We are expecting similar kind of bounce back from these support zone and risk reward is favourable. RSI is showing upwards divergence on daily charts.
We are recommending strong Buy around 373-376 with Stop loss ...
The 4-hour chart of Dollar index has completed an (1-5)Elliot wave. It is due for an ABC corrective wave.
The price action indicates that it has broken the support of 94.18.
A small pullback up to the support level is expected.
Once the the support has been re-tested the index will move towards the next support level placed at 93.22.
