NSE: IOC Rally from 2014 Breakdown or Breakup
Nifty needs to break above 10983 to make strong up move. Until then looks to be in consolidation. Might try to touch 10770 again Sell below 10983 and long above 10770 for some time. Above 10983 look for higher 11160 Use stop loss
With triangle pattern to continue look for short below 27533 with target below 27000 to 26400. Above 27533 will be strong up move . Use stop loss
HEG might try to touch 2900 before Feb 06 most likely before falling back rapidly. Use stop loss
NSE: Wipro Approaching for Good Sell after a long rally @ 380 zone Use stop loss
NSE: Tata Motors Sell below 160 Chart Pattern looks weak after sell off on results Sell below 160 with stop loss 172 for a target around 130 Use stop loss.
NSE : Eicher motors heading for 16K Short Eicher motors below 22000, for a target of 18806 and 16364 or below. Stop loss level 23767 Use stop loss
Short Grasim below 788 for a target 695 and 658 below. Expect more down side below 658 Use stop loss
L&T Finance looks possible short with stop loss 150 Target insight 112 & 94 Use stop loss
Possible short Ujjivan finance with stop loss above 290 Target insight 261, 221 Use stop loss
Possible Bounce back for RELINFRA from Oversold Long with Stop loss below 94 and target 130, 157. Use stop loss
Short with stop loss slightly above 1200 target in sight 1066 & 979 Use stop loss
Raymond might see a bounce back from over sold level. Good candidate for short on rise. Short with stop loss above 726 for a target insight 669, 626 or may be lower Use Stop loss
NSE: Dilip Buildcon might move sub 300 level Long term down trend
Approaching resistance at 1492, Break above will take it to 1544 If not able to cross resistance stock might correct to 1391 or below. Use stop loss
Jubilant might see some bounce back to 1400 level before moving towards lower levels. Possible short near 1400 level for a target of 1318, 1248, 1223, 1177, 1037 & below Use stop loss above 1440 For short term Long position target around 1400, with stop loss for 1248 or so. Preferred strategy Short on rise
NSE: Tata Steel possible bounce back for 518 Possible Long at current level with Stop loss below 442 Short term target 486, 518 and 544 Use stop loss
NSE: Anantraj : Sell with stop loss of 38 for target of 29. Trend is strong sell.