HunnyKhanna

HunnyKhanna

Nifty is expected to bounce back to above 12000 levels as budget movement get digested .... and short covering kicks in. Also, visible green shots in economy gets factored in. Plus, positive impact of DDT removal and new income tax regime. See Nifty moving back to 12360 levels by end of feb. Level to watch out stoploss at 11720... on upside first target...

HunnyKhanna

Take 280 call priced at 38 with target of share price of 310 and stoploss of Rs 280.

HunnyKhanna

Nifty has just given breakout above 11920, now expected to reach first target of 11960 buy 11900 call with stop loss of 11900

HunnyKhanna

Buy 11600 PE with stoploss 11621 and wait for the down movement. Nifty should see a reversal or correction shortly.

HunnyKhanna Updated 

Currently, its having support around 1327 levels and continues to close above it. Keep a stop loss of 1321 and buy reliance call @ 1340 for target of 1370 and 1400 over next 10 days.

HunnyKhanna

Stock has fallen from its high of 185 and currently close to its near term bottom level of 110.

HunnyKhanna Updated 

Recommend to buy Yes bank at 169 with target of 226. The stock has been oversold due to results but retain long term value.

HunnyKhanna Updated 

Buy DHFL with target of 175 and stop loss of 95.

HunnyKhanna

The reliance is all set to move to 1400, a cruical upper resistance and expected to break within one week time frame. One can go long on the stock by buying reliance 1360 call currently priced at rs. 24 with expected price target of Rs 50. However, one should note their is reliance results coming up on 18th april and should keep strict stop loss of 1330.

HunnyKhanna Updated 

Nifty has taken support at its 38.2 % retracement level and fast move will come once above 10650. Buy 10600 call priced at 62 for big profits.

HunnyKhanna Updated 

The generic construction has given a breakout and ready to test its 38.2% retrenchment level which is @ 160 and once above it will go for our second target of 173 and finally 183 level. Giving a good return of 10% to 20% from current level of 153. This is based on Fibonacci retrenchment levels as shown in the chart. Good luck with your trade. Please keep a...

HunnyKhanna

Its continue to show resistance and will move towards 1300 levels over the next week or two. Key indicators 1. Tehnical indicator: Fibonacci retracement level of 78.6% which is @1256, once this is taken out it will move back to its previous high of 1322. 2. Fundamental: Strong results posted by the company has boosted the stock price. Thus, entering a bull phase.

HunnyKhanna Updated 

On comparing nifty with three indicators, the result is as follow 1. Fibonacci retracement of 61.8% is at 11085, which should be our next target over one month period. Its testing 50% level of 10880, once taken out we should see sharp up move. 2. Trend lines - We have been in range with support at 10800 and since nifty already tested it multiple time should move...

HunnyKhanna Updated 

Reliance has fallen from one gann angle to another and than shown sharp recovery once it hit 1085. Closing at 1098 level. It is poised for next move towards 1130. Buy 1120 call with stop loss of 1085.

HunnyKhanna Updated 

Reliance will give a good move tomorrow by moving towards 1132 our first target and than our second target of 1140 and final target of 1168. Time to buy 1140 CE priced at 31 to benefit from the movement. Keep a stop loss at 1120.

HunnyKhanna Updated 

Nifty is at crucial junction break of 10826 would take nifty towards 11000. One should buy nifty 10800 call with stoploss of 10766 and first target of 10900 and 2nd 11000 and final 11126.

HunnyKhanna Updated 

Buy 1100 Call currently priced at 37 with expected first target price of reliance of 1132 , second 1167 and final target of 1200. You can also go for lower priced call of 1120, 1140 and 1160. Depending upon your investment and risk profile.

HunnyKhanna Updated 

Reliance has fallen to its support of around 1140 and should see recovery to 1150 . ... The trade is to buy 1160 call for today at 27 and sell at 30-32 range.