Bharti Airtel CMP 540 Telecom sector had been out of flavor for a long time now. However the current chart pattern reflects things have changed and possibly changed for the good. Bharti Airtel has now broken above the parallel channel after 12 long years. Could this be a signal that the worst is over... Only time will tell. But the current setup suggests ...
Tata chemical looking good on charts with upside resistance of 724 a small dip may be a good buying opportunity watchlist it. twitter - @TheSachinJain Must check surprising result before leaving. :)
#birlacable above 52.5 may tag 60 / 74 . A daily close below 39 will make this view wrong. #shortterm #technical #strictstoploss #tradingideas
Target 1: 420 Target 2: 414 Target 3: 400
Target 4500 Long term Target open above 7000. Sl 2800
Target 400/600 Sl 255 mid term-long term
Biocon Closing Price 628 - The stock is at important levels and we try to analyse different possible scenarios and how one can plan their trade. - we are looking at 4 possible situations and accordingly one can plan their Trading strategy:- Situation 1 - In case of dips look to buy in the zone of 618-607 levels for target of 662 / 682 initially. - pattern...
Rel Capital Cmp 129.50 The stock has taken a lot of beating not just in the last couple of days but for a year or so.... It is difficult to say whether it can be considered bottom fishing or if we are trying to catch a falling knife. That only will be answered in future with hindsight in perspective. So for decision making today so far as the green trendline...
MGL CMP 905 In our previous post we had recommended MGL for a buy around 860 for target of 920 and it worked to perfection to the point making a high of 919 Looking at the charts again we observe - price action holding on to the gap zone between 902-868 - 20 day EMA crossover above 50 day EMA in late November- early December 2018 - thereafter re-test...
Gujarat Gas CMP 656.80 Holding 652 the stock can be looked for targets mentioned in the chart Below 652 the stock can be looked closer to 636 for buying SL if closing below 625 In case u LIKE the idea and find the analysis helpful do HIT the LIKE button and FOLLOW to get regular updates from us.
Apollo tyres CMP 229.65 The stock looks likely to be loosing its grip. It may be looked for downside target of 224 / 221 in the short term View gets invalidated if trades above 233 In case u LIKE the IDEA and find the analysis helpful do HIT the LIKE button and FOLLOW to get regular updates from us. Take care & safe trading...!!!
PNB Levels are mentioned in the chart If u LIKE the IDEA and find the analysis helpful do HIT the LIKE button and FOLLOW US to get regular updates. Take care & safe trading...!!!
Vedanta cmp 195 On hourly charts we observe the stock to be trading in a down trend channel Consider to sell between 194-196.5 Target 190/185 Keep a SL at today's high Take care & safe trading...!!!
HDFC CMP 1960.4 One may consider to sell the stock between 1957-1964 for target of 1935 / 1906 SL if closing above 1973. take care & safe trading...!!!
BPCL CMP 326.85 One may consider to buy at CMP and /or on dips towards 320. Momentum might be seen above 335-338 zone. Target for the current setup 360/372 Keep a Stop loss if closing is below 315.5 Alternatively one may consider the following FNO strategy Sell BPCL 320 PE Lot size 1800 CMP 11.5 Max profit potential Rs 20700 if stock stays above 320 on 27...
Tata Global CMP 204 One may consider selling between 203-208 for Target of 194/ 185/176/168. Keep a Stop loss if stock is closing above 212 Alternatively one may consider the following FNO Strategy. sell Tata Global December expiry 210 Call option around 5.85 giving a profit potential of RS 13162.50. Loss in strategy if Tata Global trades above 215.85 on...
Dr Reddy In our previous update we had highlighted the Buy zone for Dr Reddy. And boy oh boy it did just that. It touched the buy zone and is up almost 3% from those levels. This is what charts can help us with. Plan the trade. Identify levels before hand and when those levels come make the most of it. Take care and happy trading...!!!
PFC CMP 95.20 One may consider to buy at CMP or on dips towards 92 for Target of 107/113/119/124 Stop loss if trades below 88 on closing basis Take care and safe trading...!!!