Devneel

Devneel

GAIl is in strong uptrend but saw correction due to recent fall in crude price. It has formed double bottom near 230. BUY around 230 with SL 228 for TGT 235-237

Devneel

Realty sector is showing momentum again and in this sector DLF is performing very nice. IT has moved from 420 to 450 and after small correction it has started it up move again. Buy around 842 with SL 835 for TGt 860.

Devneel

NTPC is in strong uptrend and after good correction it is bouncing back from its support near 405. Buy around 407 with SL 402 for TGT 412-417

Devneel

Nifty is near support of 25080 after big gap down. It is worth buying with small stop loss. Buy Nifty around 25100 with Sl 25080 TGT 25200

Devneel

Chola Fin is in strong uptrend and recently has broken out from Triangle pattern. One can Buy Chola Fin around 1485 with SL 1452 for TGt 1550-1600

Devneel

Buy Power Grid around 340 with sl 335 for Target 350-360

Devneel

REC is holding good above middle Bolinger Bands. One can expect a breakout soon. Buy REC around 596 with SL 591 TGT 605-610-615.

Devneel

Petronet is in good uptrend and making cup pattern on 15 min time frame. Buy Petronet around 381 with SL 375 TGT 395.

Devneel

Asian Paints has seen good down fall and has bottomed out in near term by making twizer bottom in 15 min chart around 3091. One can buy around 3110 with stop loss of 3190 and target of 3130-3150-3180.

Devneel

Titan is in long term bullish trend and making new highs. It saw correction and after taking support at upward sloping trendline it has resumed its upward trajectory. One can buy around 3268 with stop loss of 3210 and target of 3350.

Devneel

Sun Pharma is in bullish trend and after correction it has taken support near 1117 forming a doji candle and also on RSI taken support near 40. Now again started its up move. On weekly and monthly charts it is uptrend. Looks favorable bet for one to go long. Buy around 1133 with stop loss 1118 and a target of 1160

Devneel

Tata Power rallying from 217 to 276 it saw correction to 254 levels and taking support near our Kinjun level. All Ichimoku elements are in favour of going long. One can buy around 261 with stop loss at Kinjun 253 and target of 276

Devneel Updated 

Asian Paint is in Bullish trend and after ralling from 2700 to 3568 it retraced around 3155 which is 50% fibonacci level and now again started moving in its trend direction. It is continuously moving up in last 5 sessions even though Nifty broader index is drifting down. Once can buy around 3310 with stop loss 3180 for target 3500

Devneel

Bank Nifty rallied for around 2000 points from 44000 to 46000 and then making a double top it retraced 61.8% fibonnaci level and it seems it has found support there and bouncing back. If closes above 45000 then one can expect a initial target of 46000 and higher.

Devneel

DLF is in bull phase and after rallying from 360 levels to 520 levels it saw a pull back to 480 levels and from there it made a high of 540. It is seeing some profit booking and one should accumulate this stock on dip with stop loss of 503 on closing basis for target of around 570-590 level. This is for sort term postitional call which may go for few months.

Devneel

Tata Motors is in a bull trend and also Auto sector is in bull phase. After rallying from 450 to 665 it saw some cool off period and now again starting its uptrend. One can buy around 640 level for a initial target of 665 with stop loss of 623.

Devneel

HT Media has gone through a long bearish phase and has botttomed out and now again mvoing up and forming a rounding pattern. If closes above 27 then in short term it can see levels of 33.

Devneel

AU Small Finance was in uptrend and made high of 792 and saw correction till 696 levels and now making higher lows and also took support near Kinjun area. Prices are above 9 period moving average and if closes above 746 then it can see fresh longs from that level. Also it has been under performing in the current rally and expecting it to start outperform in near...