Hindalco taking resistance at previous swing high Bearish Candle breaking 100 SMA Go Short at CMP 436 Target 350 SL 465 (Closing Basis)
Nifty in a downward slopping channel Current bounce can be expected to reach 16500-16600 levels And selling to commence after that taking market to at least 15500 level although further downside is expected. Current market is positive as the oscillators are showing positive momentum and the daily candle is a bullish harami/hammer. Market will rally to fill up the...
Perfect Set up for a short trade Sell Maruti @ CMP 7430 SL 7550 Target 7000
Stock again into channel Strong candle at overbought territory Stoch positive signal Buy @ 710 Target 790 SL 690
Stock has gone again into the channel with a strong green candle Stock is oversold territory Buy @ 1740 Target 1900 SL 1695
Top of a rising channel Long wick shows supply Short at CMP for target of 7500 SL 8300 Price action shows a fall
Upward Channel is broken on the downside with a bearish engulfing candle Close below the channel support of 100 MA broken MACD gives a negative sign Go short SL 1242 Target 1110
the stock is at a trendline support 100 dma support also spinning top candle showing selling momentum going down buy at cmp for taget of 3550 sl 3250
Stock in descending triangle formation Stock should go lower
The stock is currently at its peak and will start retracing now. It should retrace till about 1530. Thus two trades exist. Short Trade Sell @ 1660 Target - 1530 SL - 1705 Long Trade (Wait till retracement) But @ 1530 SL - 1490 Target - 1820
HUL Intra Day Call Stock at two supports Buy @ 2404 TARGET - 2422
Stock at support But - 1600 Sl - 1588 Target 1625
Go long on HCL @ Opening Price on 28.09.2020 Target 900 in two weeks SL @ 811
Biocon is forming a Bullish reversal pattern with higher volumes . It is also at Fib retracement level Go long at 418 Target 448 in two weeks