Good to add around 3285-90
for the upcoming levels of 3450+
Good to hole for long term positional may be next a bajaj finserv in coming years.
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TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 30 to 50 times.
As per chart pattern, Buy possible above 347 on closing basis only with SL 321~ 320 and Target 355, 360, 370 / 374
(Targets possible after stock trading above 347 and sustain only).
Posting for Educational purpose only
Closing Basis means: Stock should be trade above 347 from 3.15~3.30 pm as well as close day >347
This is how IT Stocks act they just keep on trending and will move up,up,up.
These IT stocks are gems (TCS, INFY, HCLTECH, TECHM,WIPRO) and must have in your portfolio.
Do SIP in these kinds of stock apart from investing in Mutual Funds.
IT industry will grow no matter what happens. If in doubt see the progress of US IT companies (MSFT, GOOG, FB)
Medium term investors may look at Wabco India, looks like a good buy around 6280-6330 levels.
Targets can be 6580 - 6780 in 2-3 months, keep 6140 as stop loss.
This post is not an advice to speculate using leveraged products, one must thoroughly understand the...
CDSL - CENTRAL DEPOSITORY SERVICES LTD.
CMP : 234.
BUY ONLY IF SUSTAINS ABOVE 250.
CAN TAKE SHORT POSITION WITH 250 SL INTRADAY BASIS.
CDSL COULD DRIFT LOWER TO 160-180 OR MUCH LOWER, IF 250 NOT TAKEN OUT IN COMING SESSIONS.
BETTER BOOK SOME PROFIT AND WAIT FOR 250 TO CROSS FOR FRESH POSITIONS.