Swing-long
BUY : Asian Paints Ltd. CMP 1675, buy initiated at 1657. Buy initiated at 1657. CMP: 1675, SL: 1634.55, Target atleast 100 points around 1757++.
Expecting explosive bullish move as per pattern formed.
Had tested horizontal resistance of 1656.95 twice before upward resistance breakout in Hourly charts.
Swing Long BAJAJELEC , entry level- 373. Target 440On MTF price has test the previous swing high at 343, the level which appeared as strong support and close HH. Moreover it breaches the .618 fib level . Let wait for pull back the price near 373 for suitable entry. On DTF volume has also increased to breach the crucial level at 363 appx. SL can be place near 338.7 for a target of 440.
Short term Swing trading-Voltas-LongVoltas looks bullish for short term.
Buy Above: 538 for targets -
T1: 565
T2: 576
T3: 586
SL: 511.1
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
PALRED_Long_Swing_02.10.2017PALRED_Long_Swing_02.10.2017
Stop can be kept below the below the bottom trendine