LTCBTC on BINANCE exchange has broken above ichimoku cloud with support taken above the cloud. Signifying a buy above level 22470 with Stop loss at 19124 and Target1 at 25800
IDBI surged in trade today with PSU Banks re-bouncing, IDBI seems to be a better option. 5.4% today on NSE with close to 3.5 times its average volumes which signifies returning interest in IDBI. Well above Ichimoku IDBI stands on my BUY list in CASH Market only above 74.4 with Stop Loss of 72.25 and Target 1 of 76.50, Target 2 of 78.70 and Target 3 of...
Colgate Palmolive NSE:COLPAL has lost 3.5% on NSE today with close to 3 times its average volumes. As per Gann Square Sell COLPAL below 1040 with SL of 1048.15, Target1: 1032.25, Target2:1024.30 Target3:1016.35
Siemens NSE:SIEMENS has lost 4.3% on NSE today, well below Ichimoku cloud with Volumes 2.5x of average traded on NSE. Sell SIEMENS below 1090 with SL of 1199 and Target 1 at 1182, target2 at 1174 and Target3 at 1165
SUNPHARMA has lost 6% on NSE today with Heavy volumes close to thrice its average. Although there are no FRESH Shorts built up over this counter today. Please take a HEDGE position or ask your financial advisor. SELL SUNPHARMA@530 SL 538.80 TGT 517
SUNPHARMA has broken down on NSE 1.2% with Volumes close to thrice. However there are no FRESH Shorts taken today on NSE over the counter. Hence this is a risky call. You may consider WRITING CALLS or take a HEDGED POSITION on FNO. Any trade taken without consulting your financial advisor is at your own risk.
Ripple/Bitcoin has a good support around current Level. Buy at 89550 with Target of 107620
Sell MOTHERSUMI @ 336.4 SL 341 TGT 315
SELL FORTIS only BELOW 136 with Stop-loss of 140 and Target of 123. Looks good for SELL as its been in a downtrend with higher volumes. Risk is only for 4 vs target of 13
Look to SELL SUNTV @ 906.80 with Stop-loss of 935 and Target1 of 866 and Target 2 of 830. As Suntv has broken cloud with good volumes and there is a possible bounce back in stock. Wait for the bounce to complete and only then take a position. Only take a call after consulting your financial advisor.
UNIONBANK has Gaped Down with High volume selling and weak PSU bank Index and BANKNIFTY weak. Sell Union bank at 108.70 with Stop-loss of 113 and Target of 103
TITAN seems to have a relief rally towards its resistance of 840. May re-test 840 before it yet again crash to levels of 785 TITAN
SELL PNB PNB at 151 with Stoploss of 156 and Target of 138. PNG Sold today on NSE close to 9% with Excessive Volumes of 3 times. Wait for pull-back and sell only around 150-151 with SL of 156 and Target of 138
SELL INFRATEL@ 328.1 SL 333 TGT: 314
MGL gained 6% on NSE with volumes more than 2.5 times the average and has crossed its weekly support. Buy MGL @ 1012 with Stop Loss of 995 and Target 1 of 1040 and Target 2 of 1059. BUY ONLY IF MGL OPENS FLAT IF IT OPENS BELOW STOP-LOSS, DO NOT BUY.
GLENMARK has lost 7% on NSE with 5 times its average volumes. Sell GLENMARK at 540 with Stoploss of 563 and Target of 508
SELL HEXAWARE at 338.5 with SL of 343.6 and Target 1 of 330 and Target 2 of 319
ASHOKLEY is a RISK BUY at 129.4 with SL of 126.95 and target of 138.