Infosys made today low 1700 and recovered well from psychological level. If rallies continues there might be sharp pull back from here. immediate target for 1780 and sustains above 1800 then target 1900/- can be seen again !
After hitting ATM Infosys 1848 corrected 100 points during market consolidation. NIFTY IT bleeding since couple of days which affected IT major stocks like Infosys. One can bet from here CMP 1753 for a target of 1875 for coming days for short term with stop loss of 1700.
Still Bank Nifty not giving proper break out above 36350 levels but today successfully tested above 36000 ! one can bet long from this levels unless it breaks 36k range. Today 35700 strong support is ruled out as Bnifty traded above 36k . One can bet for 36500 & 37000 target in coming days. This target is invalid if crosses below 36k
ZEEL is now oversold area and greatly supported at 198 levels after heavy sell off seen from few days. one can bet for BTST call for target 210 with stop loss 196.
AIRTEL can be bought at current price 530-540 range for short term target 620+
one can enter CMP for BTST call on a short period target 350+ coming days.
Nifty 50 today made little bit correction which was supported by global market, but bears totally failed to bring down 11200 and got rejected at 280 support level. going towards long positions for next expiry nifty looks bullish side and can make immediate 11500+ initial target with final one 11600/-
HAVELLS looks good on charts above 620 levels one can bet for short term immediate target 650/- with stop loss of 600. long positional for target of 710/-
BankNifty stayed flat today overall and doesn't showed any movement of upside or downside. Next week expiry will be interesting to watch, 22400+ can make quick move towards 22700+ on the downside 22000 can drag towards 21750/21500.
Bank Nifty positional call for long term 23000 target with stop loss 21200/- we might be seeing this mark touch again in this month itself.
DLF looks strong above 140 zone and has good volumes accumulation seen in recent trade. one can buy for target 170/- for a short term period.
CENTURY TEXTILE can bet for the long position for target 350/- with immediate stop -loss 290/-
Bank of Baroda looks good on charts and seen recent accumulation with huge volumes. one can bet on this stock for the target of 55/-
BankNifty looks week below 22000/- one can obtain for the target 21500 and 21200 for short term !
Infosys all in wrong reason after posting great results. one can short this stock from position 920 with target 850/- (to fill-up gap up open)
Indraprastha Gas Ltd chart looks good and successfully hold the support level at 400 . one can start buying at current level for short term target 420-450/- and long term target 520/-
Titan today given breakout level, target for 1100 & 1150 for short term ! with stop loss 1020/-