NSE: HDFC Bank Possible Long for 2218 HDFC Bank 1 year trend position and continue on long side Pullback from 1892 level continue Stock is hovering around 2136 level and making attempt to break resistance Break out above 2136 resistance triangle looks possible Possible long at current level with stop loss 2071 and target 2218 + 2071 seems to be a strong support...
NSE: V2 Retail Possible long for 300+ Chart suggests possible long @ current level with Stop loss 245 , for a target of 300+ Time frame 4 to 6 weeks. 245 looks to be a strong support.
NSE: PNB Housing Possible long for 1037+ Trading above 50% fibo level and acting as support Possible long at current level with stop loss @ 824 Target insight 963 & 1034 + in short term Break out above 1000 level will push prices rapidly higher Break below 824 will bring more downside Use stop loss and trail stop loss Time frame 4 to 6 weeks
NSE: Vedanta below 159 can hit 116 or lower to 90 Company fundamentals and growth vision is good. Current sell off is due to a news related to Anglo American Plc stake buy. That doesn't justify the cause why purchase? Given this scenario below 159 stock might fall to 116 or 90 levels. 131 level is one of the long term support level. Until company come forward...
NSE: Adani Port Short below 335 Short below 335 for a target of 317 & 300 with stop loss at 361 If crossed above 347, long with stop loss of 317 for target 361, 376 above Use stop loss
NSE: RNAM Oversold towards 113. Falling since beginning, with group company bankrupt, effect might be seen on this stock. Very oversold. Short bounce back is expected, but will not last long Price might be pushed towards 113 if consistent close below 134 level on daily chart happens
NSE: Bank of India Very strong momentum play for medium term & strong up channel with price action Possible buy with stop loss 96.35, with targets 109 (resistance),after 109 break out target 117, 127, 131 and 145. Breakout above 145 can take price to 168 levels. After correction touched a low of 74.30 and pulled back with recent high of 109. Stock is moving in...
NSE: Vedanta After fall from recent high 244 to sub 190 levels, possible pullback insight Possibly buy at current levels with stop loss at 175 and target of 210 and 220. Price is trying to bounce back from oversold levels.
Making pattern to breakout the consolidation channel between 300 to 276. Possible buy @ current level 292 with stoploss at 276 with targets 301, 307, 317 & 326 Charts suggests possiblly building strong trend with breakout in 4 weeks
NSE: Dabur India heading for Break out to 484+ Showing a triangle pattern formation from high 484 in Aug to recent low of 363 in Nov. From recent low 363 to high of 458 , current price action is above 0.618 % fibo level. Stock is oscillating in the range of 413 and 438 Possible buy at current level with stop loss at 399 and targets 458, 474, 484 is...
NSE: ICICIBank Short for 305 or lower Chart suggests opportunity to short ICICIBank at current level with stop loss of 382 Target insight 334, 320 & 305 or lower Use stop loss as volatility in the market will be high in coming days
NSE: Bajaj Auto Long Long at current level for target of 2680 above with stop loss 2421 Below 2421 will be short. Use stop loss
Above 674 Long India Bull housing for target 729 & 790 with stop loss 630 Below 630 Short India Bull housing for target 567 or below with stop loss 674 Use stop loss
NSE: LIC Bounce back momemtum will continue after breakout above 496. Strong resistance @ 496. Possible momentum buy with a stoploss of 441, after breakout @ 496 for target of 518, 531, 550 Trend looks positive in short term.
NSE: AXIS BANK Possible Breakout above 678 Pullback from 534 on Oct 26 continue Attempted to touch high of Sept 10 @677. Price action from Oct 26 to Jan 18, formed triangle like pattern Looking for break out with 1 year up trend Possible buy at current level or above 678 close with stop loss 600 Targets insight 678, 706, 738, 771, 797 subjected to breakout above...
NSE:LindeIndia- Break out Buy @ Current level 791 for target 817, 878, 956 with stop of 729 on weekly basis. Stock has broke out from 602 level from consolidation. Momentum looks to continue further until 956 in short term.
Welspun India, looks to be in consolidation with volatility and slightly negative bias. Short below 59 for target of 54 , long above 63 for target of 68 with training stoploss not more than 2 to 3 rupees.
NSE: Everest Industries might fall to 388 Broken below triangle and support line. Might fall to 424 and next 388 in short term.