I will go LONG on HINDPETRO because: The price is forming a Chanel or Rectangle Pattern . The price is also under Support/Resistance zone. It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) . Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 175 Target -...
I will buy BPCL because : It has been taking support at the trend line . It has touched the trend line 2 times and has not been able to break it. So will be looking at buying opportunities. Entry : 345 Target : 442/490 Stop loss : 327
I will buy GSPL because : It has been taking support at the trend line . So will be looking at buying opportunities. Entry : 192 Target : 223 Stop loss : 189
Gold may rise because , It has broken the resistance and even the trendline , It looks very strong to buy . Entry : 1929 Target : 1973/1991/2012 Stop loss : 1912
I will buy NAM_INDIA because : It has been taking support at the trend line . So will be looking at buying opportunities. Entry : 262 Target : 327 Stop loss : 248
I will short ADANIPORTS because : It is facing a strong resistance at the trend line . Its not been able to break that trend line . The price is again at the resistance trend line and may fall. If it breaks the resistance trend line then we will be looking to buy. Entry : 364 Target : 338/313 Stop loss : 376
I will go LONG on TORNTPOWER because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 312 Target - 350/367 Stop loss - 300
I will buy GODREJCP because : It has been taking support at the trend line . It has touched the trend line a few times and has not been able to break it. So will be looking at buying opportunities. If it breaks the trend line downward then look at shorting opportunity . Entry : 673 First Target : 725 Second Target : 745 Stop loss : 649
The price has not been able to move above 851. 851 is major resistance for TECHM if the price breaks the resistance we can see upward move up to 1120 if it does not break the resistance then the price may fall up to 540. IF THE PRICE BREAKS THE RESISTANCE (BUY) Entry : 851 Target : 1120 Stop loss : 840 IF THE PRICE DOES NOT BREAK THE RESISTANCE (SHORT) Entry :...
I will Short BIOCON on because: The price is forming a Chanel or Rectangle Pattern . The price is also under Support/Resistance zone. It has touched the resistance (upper end of rectangle ) and may reach the support zone (lower end of rectangle ) . Target would be the Support area . Book profit when it reaches the support zone . Entry - 457 Target - 410 Stop loss - 467
I will buy XAUUSD because : It has been taking support at the trend line . It has touched the trend line 4 times and has not been able to break it. So will be looking at buying opportunities. Entry : 1897 Target : 1915 Stop loss : 1892.94
I will go LONG on UBL because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 952 Target - 1158 Stop loss - 905
I will go LONG on WABAG because: 1) The price is forming a Chanel or Rectangle Pattern . 3) The price is also under Support/Resistance zone. 4) It has touched the support and may reach the resistance zone . 5) Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 183 Target - 224/229 Stop loss - 170
I will go LONG on ONGC because: 1) The price is forming a Chanel or Rectangle Pattern . 3) The price is also under Support/Resistance zone. 4) It has touched the support and may reach the resistance zone . 5) Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 74 First Target - 84 Second target - 92 Stop loss - 70
I will go LONG on NIACL because: The price is taking support at trend line. It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 113 First Target - 121 Second target - 135 Stop loss - 105
I will go LONG on FEDERALBNK because: 1) The price is forming a Chanel or Rectangle Pattern . 3) The price is also under Support/Resistance zone. 4) It has touched the support and may reach the resistance zone . 5) Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 49 Target - 57 Stop loss - 47.5
I will go LONG on HDFC because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 1724 Target - 1923 Stop loss - 1680
I WILL LOOK AT BUYING OPPORTUNITIES AT ICICIBANK because : It is forming a continuous channel pattern. It is kind of expanding pattern . It has been taking the support of the lower trend line . Now the price is again at its support level so will be looking at buying opportunities. Entry : 369 Target : 416 Stop loss : 346