Sell SBI if it sustains below 300 for the targets of 297, 294 and 292. SL would be 303.50
Short Maruti if it sustains below 6370 for the Targets of 6320, 6120 and 5870. SL - 6640
Short Reliance if it sustains below 1205. Targets - 1190 and 1175 | SL 1230
Kotak Bank is turning bearish again and one can open a sell position if it sustains below 1452 for the targets of 1425 and 1406. SL would be 1484. Happy Trading! Rachit
Indigo is trading under Rising Wedge pattern and we may see the breakdown soon. I would update the idea once we get confirmation. Rachit
Buy @741 for the targets of 780 and 810. SL would be 705. Happy Trading! Rachit
PNB is looking bullish on the daily timeframe and due to FM announcement, the sentiment would be also positive. Buy if it sustains above 64 for targets of 67, 69 and 71. SL would be 60.90.
Axis Banking is looking bullish and good to buy. Buy @687 for targets for 720 and 730. SL would be 660.
Ready to short if it sustains below 1540 as long as 1570 is not broken upside.
Bullish divergence is seen in HDFC Bank daily chart, we may see a reversal soon just waiting for the confirmation. Happy Trading!!!
Buy Maruti if it sustains above 5724 Targets - 5852, 6111 | SL - 5440
There is bullish divergence forming on CoalIndia daily time frame in MACD Histogram, waiting for price action confirmation to get the buy signal. Would update this idea once we see the confirmation on chart!!!
HDFC has completed the retracement to .618 on Fibonacci and we may see U-turn from this level. Ready to Buy above 2149 | SL - 2075
Sell if it sustains below 654. Target - 644, 640, 636 | SL - 667
The pennant pattern is forming on a day time frame in Cummins, we may some action in coming trading sessions. Happy Trading!
Bearish divergence forming on both RSI and MACD, need price action confirmation and then short. Adding this in my watch list. Thanks for your time!!!