Maruti is in a daily descending channel, which has completed 3 touches indicating a reversal. There is a small falling wedge at the 3rd touch. Entry after 5546 is broken. Traders can have a stoploss of 5441 Target 1 - 5650 Target 2 - 5710 This content is for information and educational purposes only and should not be considered as a piece of investment advice...
Mahindra & Mahindra is in a descending channel at a double bottom structure at a weekly support zone. The RSI suggests a positive divergence. Target 1 - 566. Traders can maintain a stoploss of 540 Traders can look for further targets after 566 levels have been broken.
Trade strategy for ABB India Ltd can be approached by 3 ways. Below are the ways mentioned, 1. Since 1620 is good resistance, shorts can be initiated at current levels with stops above previous traded high of 1640. Exit points can be either on i)Rising trendline level or ii)Support area between 1547 & 1567 or iii) 1505/10 2. If the stock breaks the above...
Trade (1) : R intraday 781-786 and stoploss 790 ad target mentioned in the chart. Trade (2) : Safe trade, sell below 757 for targets 721-726 and below it.
INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 30, 2018) DISH TV #BUY ABOVE 43.75
Safe entry with LOW risk to Reward. DO study the chart and do not trade based on this post. DCBBANK Has formed a bullish wolfe pattern.
DLF On 4th Sept DLF charts were suggesting of history being repeated and that we might see lower levels of 173 / 166 Well it has done exactly that.... - we saw the stock bouncing back to 76.4% retracement like on previous occassion... - getting rejected at those levels... - and falling back like nine pins... Target of 166 has been achieved. Hope you...