SBI has given a fresh consolidation breakout on the monthly scale with a strong bullish candle. Momentum has retested the breakout and started the fresh leg of upside which will provide strength towards 700. Strategy- Buy at 584, add more on dips till 560 and hold with sl of 520 for 650-700 targets in a month or two.
Bullish view on #MarutiSuzuki Maruti is all set for a consolidation breakout. Tracking 8900 call near 160 for 250 rs spike. Auto stocks on radar. #optiontrading #stockstowatch
Bank nifty is ready to take off after ending the november F&O series down by 5%, first fall in 4 months after giving positive returns in the past three months. But there are ample reasons to be bullish again. REASONS TO BE BULLISH: 1) The rising trendline right from the weekly low is holding the index very strongly, also a promising support is seen in my magical...
IRB(W): Looking bullish with rounding bottom & volume spike along with golden crossover on longer time frame. Can be bought at cmp 200-205 for targets of 330/350/400.
Buy IGL at cmp (530) for a target of 602, horizon: 7-14 days. Trading near support level and 200 DEMA. Looks good for long. RR is very good.
Buy ultratech cement at cmp(7483), targets are: 7600 and 7800. Hold it for 4-6 weeks.
Buy BSE at CMP for the levels of 1415 in short and 1600 in medium term.
Aggresive traders keep TAMO in radar with strict sl of 467. Upside tgts can be 555/575. Chart is self-explanatory.
Buy TAMO @ CMP 490 Add till 480 SL 465. Tgt 575/595.
BANKNIFTY will hit october monthly pivot of 37300. Trouble starts after that. Search for trade opportunities on the short side.
Buy canbk at cmp 172 for 200-220 levels, hold it for 28-36 days.
Positional pick: #BEML another PSU stock ready to breakout from multi week consolidation. Targets of 1850-1900 can be seen in medium term. Happy investing ☺️
Buy IDBI bank at 44-40 levels, targets: 56,66, horizon:56-70 days !!!
Buy UNITED SPIRITS @ CMP for 950-1000 levels. HORIZON: 24 W
Buy sobha at CMP for 8-15% gain in short term. Entire realty basket is showing bullish scenario.
This week, the stock has given a breakout with massive volumes and tested its 52-week high as well. On the technical front, this stock can be seen trading in a rising channel with the formation of the higher high and higher bottom.The price-volume action with breakout suggests the next up-move in prices. Volume build-up also looks promising. Traders can accumulate...
AB Capital (D): The stock witnessed buying interest due to impressive Q1 results of posting highest ever net profit, also the IPO of Aditya Birla AMC is getting closer.. Furthermore, bulk of the volume was witnessed post the afternoon session. The stock is on the verge of witnessing a stage-2 consolidation breakout. Keep a close eye on this stock. Targets can be...
AB Capital has taken support near 114-116 several times and has consolidated for many weeks. This can be a low risk entry point with a tight sl. Buy at cmp with stops at 110 for a target of near 170.