Short nifty between 12850-13050 sl 13200 on closing basis. Positional target 11k with in 2 months. Price facing resistance in channel as well. Top out of channel. Following ABCD Pattern on monthly chart.
Short Hindalco at CMP 177 for target 171 sl 182, Buy Hindalco at 171 for target 190 sl 168.
Lic finance can be shorted here with sl above 533 and first target 510 if breaks than 500.
Short SBI around 363, SL above 370, Target 334, Timeframe 3 Weeks.
Ashok Leyland formed bearish butterfly pattern. One can short Ashok Leyland at CMP 88, sl 91, target 79.
Biocon has strong support around 553 which is unlikely to break hence one can go long for the target of 587, keep 553 stop loss.
M&M Forming Double Top Pattern, one can go long if sustain above 652 but break the 652 resistance will take it to 642, 625 which is most likely.