Lucifer759

Lucifer759 Updated 

DRREDDY had a breakdown below 2530 and welnt to 2450, now its coming for a retest of huge support which will become a resistance. Sell DRREDDY at 2520 with a stoploss of 2560 Target 2400

Lucifer759 Updated 

USDINR went in a trading range at 73 and stayed there for sometime. Now it seems to have broken out strongly above the 73 level. Buy USDINR at 73.15 Stoploss 72.6 Target 73.7

Lucifer759 Updated 

Infosys went above its previous resistance of 744. Buy at 745 Stoploss 732 Target 780

Lucifer759 Updated 

BUy TCS at 2205 Stoploss 2186 Target 2274

Lucifer759 Updated 

Infosys has been in a channel for a long time and has been making higher highs. That trend has been violated after the last correction and now its attempting a retest. Now is a time to sell and see if this a beginning of a new downtrend. Sell Infys at 728 730 levels with a closing Stoploss above 742 Targets are 702 692 680 (Positional)

Lucifer759 Updated 

Tatasteel may be forming a Bearish Head and Shoulder but the pattern is not confirmed yet. We should wait for the stock to close decisively below 584.

Lucifer759 Updated 

Sell reliance with a closing stoploss above 1245. Targets 1184 1168

Lucifer759 Updated 

The stock has broken and closed below its weekly crucial support of 380. Sell with a closing stoploss of 385 Target 340

Lucifer759 Updated 

Buy TCS at 2110 Stoploss 2086 Target 2155

Lucifer759 Updated 

Maruti had a big rally in last 3 years from 4800 levels to almost 10,000. This seems to be changing as it showed a Double top pattern at higher levels and broke the trend line. Maruti is a positional sell with a stoploss of 8800 and targets can be 8000 and 7400.

Lucifer759 Updated 

Sell Axis Bank below 622 Stoploss 628 Target 608 592

Lucifer759 Updated 

Narrowing range suggests a big move is coming. Buy above 1275 target of 1284 1320 Sell below 1235 Target 1210 1187

Lucifer759 Updated 

Sell Nifty with a closing stoploss of 11485 Target 11260 11185

Lucifer759 Updated 

Sell Titan 845 with a closing stoploss above 853 Target 810

Lucifer759 Updated 

Buy Lupin. Stoploss 950 Target 980 993.

Lucifer759 Updated 

Stock has been following the range bound uptrend which seems to be stalling at 745 750 levels. Given the sharp recovery in rupee IT stocks may see selling pressure at higher levels. Sell below 737 Stoploss 747 target 721

Lucifer759 Updated 

Sell BATA at 1060 levels stoploss closing above 1075 target 996.6 Applied Fibonacci levels to Bata. First target of 1024 levels has been met and now has retraced to 0.236 levels of Fibonacci levels. Expecting sell off from here to 996.6 which is 50% of total rally. Either correction could end there or prolong to 968.5 which is very crucial. Lets see....

Lucifer759 Updated 

Applied Fibonacci levels to IT index. Index seems to be closing above it short term resistance oh 16086 level. A strong breakout above previous highs of 16130 will be a buying opportunity in Tech stocks like Techm Infy TCS Wipro Mindtree which have been strong. Weaker rupee may be a trigger. But one should wait for a breakout and not hurry since they have rallied...