We never know whether the support is taken & infy revives to upside or not, only after it happens we will know that. But our trade plan is if at all the support breaks lets try short on Infy towards 930's
in weekly, pvr bounced from uptrend channel support and horizontal support. sl - 1286, 1st tgt - 1643, 2nd tgt - 1780
Support and RSI correction on LICHSGFIN and the levels are mentioned on chart. Trade: Long above - 678 Target 1 - 698 Target 2 - 715 Stop loss - 661
Sanghi trading at support line in channel pattern, will it resume its upward journey.. target: top line of a channel.
In Cipla chart we clearly had new high formation breaking previous resistance & we had a slight pullback to a support zone. Till 555's zone Cipla the pullback zone can be extended but we never know what Markets gonna do, So planning your risk:reward is vital here. As per your trade plan, check what is your risk depending upon that take entry. One of those...
in daily, price bounced from uptrend channel support. sl - 293, 1st tgt - 330, 2nd tgt - 340
in weekly - it is forming staircase pattern, it is reversed from the support, in monthly - round bottom is formed and breakout already happened. sl - 260 (below horizontal support) 1st tgt - 342, 2nd tgt - 390
in weekly it is in strong uptrend, in daily, hammer formed at uptrend channel support + horizontal support, price should reverse and go up from here. sl - 1573, 1st tgt - 1732, tgt2 - 1800
HINDZINC price action shows positive RSI divergence one can buy at the support 239/243 for the target 260/285 stop loss below 230.
ktkbank has low p/e and have a nice head and shoulder pattern with support around 156. hope to see a good upside.
in weekly time frame, morning star is formed at the horizontal support zone which coincides with .618 retracement of prior downtrend. Also in daily time frame there is a breakout from downtrend channel with good volume, It seems trend reversal is done here and price should move from now on. here sl should be - 102 (below morning star low), 1st tgt - 131...
gail is moving in an uptrend channel in weekly, and now at channel support, also hidden bullish divergence is seen. so sl - below the channel support - 342, and 1st tgt - previous swing high - around 425
MUTHOOTFIN bounce from trend line support add near 448 for target 480/500 stop loss close below 435.
in weekly, price at uptrend channel support, so with a sl of 129, tgt should be the channel resistance 180-185.
If you go n check on larger time frame TaMo is on very good support & with Bullish Bat patter completion around the support zone. So, its ideal for us to expect a move towards 450's zone. But if you notice keenly, risk-reward will be skewed on this particular setup as we had gapup open today in Tata motors, so if you wanna tackle that comfortably Go down on 1 hr...
On retest of support, infy is moving upside & it has tested support zone 3 times.
Hi Guys, I was busy over last few days hectic schedule & in coming days also it looks like that but I try to post as n when I get time. Regarding PM's people say that I'm online but not replying, No guys, browser tab will be minimized most of time & so it will show I'm online but I won't even be around the trading desk :) Here in our Nifty, its breaking bad...
Hello friends, The stock of Just Dial appears interesting and is at support levels we may see a recovery soon. The app has gone recent transformation and introduced pay feature which will be beneficial for the company in long run. Available at decent valuations. No strong technical indicators though RSI indicates highly oversold