Asian paint ready to break - symmetrical triangle, expected to break on downside. Enter short if moves below 1380, Target - 1360 & 1340 OR Enter long if moves above 1410 for 1430 & 1450
Enter Short in PVR below 1536 Target - 1520, 1500, 1470+ Enter Long in PVR above 1574 Target - 1590, 1610, 1620+ *Recommend for positional trade and wait for the breakout on either side.
Expecting breakout of symmetrical triangle soon in TECHM , Wait for breakout and direction. Short below - 689 Target - 678, 669 and 660+ Long above - 711 Target - 721, 738 and 745+
Expecting downside breakout in CESC , Symmetrical triangle formed. Short Below 680 with stop loss of 700 Target 1- 667 Target 2- 645 Target 3- 620+ Entering long in CESC if moves above 710 for target of 735 & 760+ *Recommended for positional trade!
Expecting breakout in TORNTPHARM, Symmetrical triangle formed with volume declining. Buy Above - 1652 T-1672,1692,1710+ Stop - 1620 Short Below - 1622 T-1602, 1585, 1560+ Stop - 1650
Enter Long in BIOCON if crosses above 630 (Aggressive Trader) else Enter Long in BIOCON if moves above 636 Target 1 - 648 Target 2 - 660 Target 3 - 680+ Last Swing (Higher low) 610 acts as a Stop- loss *RECOMMENDED FOR POSITIONAL TRADE
Enter Short in TORNTPHARM below 1629 T- 1621, 1611 & 1601 SL- 1641
Enter Short in TCS below 1872 T- 1866, 1855, 1840 & 1810 Sl- 1882 Looks week below if moves and settles below 1870.
Enter Short in RBLBANK below 551 T - 546, 541, 536 & 524 Sl- 561 Looks week below 550, Short Build-up seen in RBLBANK open interest.
Enter Short in ASIANPAINT below 1280 Target - 1274, 1266 & 1259 Sl- 1291
CONCOR looks weak below 665, if moves under 665 might test 630 levels Also looks Strong if moves above 680 and holds then might test 700-710 levels Enter Short in CONCOR below 665 T - 659, 652, 645 & 630 Sl- 672
Enter Short in BATAINDIA below 1000 Target - 990, 980, 970 Sl- 1011
Enter Short in SUNTV below 600 Target - 590, 580 & 570 Sl- 611 *Avoid if open=Low
Enter Short in HINDPETRO below 218 T - 212, 208 & 201 Sl- 226
Enter Short in COLPAL below 1113 T - 1104, 1094, 1082 SL- 1023
Enter LONG in TATAGLOBAL above 223 T - 228, 236 & 245 SL- 211 *Expecting some big movement, keep eye on results!
Enter Long JUSTDIAL above 470 T- 476, 482, 490 Sl- 459 *Ignore if open=High
Enter Short in CEATLTD below 1098 T - 1090, 1078 & 1064 SL- 1111