sl should be below the previous lows. do no think we will see yearly lows this month either.
POSITIONAL TRADE IN HDFC BANK USING 200-DMA SUPPORT BUY@2002.5 STOP@1980 TARGET@2050 LOT:500 QTY:2
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
BTST IN APOLLO TYRES AUGUST FUTURES BUY@267 STOP@264 TARGET@272 LOT:3000 QTY:1
looks like reliance is forming a bull flag here, previous resistance turning into support
cmp - 82.40, in monthly it is has bounced from horizontal support zone. final support at 50. In weekly regular bullish divergence and morning star pattern formed. 1st tgt - 114, 2nd tgt - 160
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:ICICIPRULI ICICIPruLife 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...