All Signal are towards a downtrend as its below its 50 Day MA, But i would suggest only Risk takers to buy at current levels of 2763 or below, we can expect a reversal as per the trend lines 2743 - Strong Support Always keep a Stop loss The above is only for Short term Target : 2850-2900
We would be able to see a good down tend as of now, will need to see on Monday how to market reacts But as of now it might take support at 2860 levels, which will be the right levels to enter if needed. My suggestions are not for F&O, only short and long term holdings
Route Dont enter at current levels of 2047, we might see a down trend. 1st Target - 1872 2nd Target - 1719 We Would see a reversal at any of the above level and would be the right time to buy. The above is not for F&O
Axis Bank Buy @ CMP 721 1st Target 740 2nd Target 760
Laurus Labs Buy at current levels of 618 or wait for a slight correction. We will get to see an bounce back considering its nearing its 50 MA
Voltas buy at CMP 1059 or correction that you might get around 1030 levels Strong MACD signal , Blow 50Day moving average and about to bounce back. If it drops it has a Strong support @1008 levels Target 1080+ Short term
HCL Tech - Buy Signal MA 50, MACD, RSI & Trend lines Buy price - CMP 1007 or wait for slight correction 990 Levels Target 1049 short term holding
Dixon - HOLD Currently below 50 Day MA MACD Downtrend RSI - 32 over sold Suggestion for New Entry - Buy at current levels or wait for a bit of correction Expected to bounce back as its below its 50 day moving average.
HOLD only if we see 198-200 levels tomorrow or in the next few days then enter the trade. Or Else Hold it might drop until 176 levels and then it would Bounce back to an uptrend This is only for Short/long term and not for F&O
WELSPUN IND - Buy at current level 141 Will get to see new Highs - Long term Holding only