TATASTEEL is a sell on NSE at 553.3 SL of 573.30 and Target1 of 517 and Target2 at 498
KSCL Has broken down today on NSE with more than 4 times its average volume just below ichimoku cloud. which signals a sell. Since markets are volatile, it would be good to enter sell position on KSCL around 480 with SL of 495 and Target of 455.
HINDALCO looses 3.4% on NSE today with greater than average Volumes and fresh shorts seen on stock. Sell HINDALCO around 202.55 with Stop-loss on closing basis at 206.25 and Target of 190.10
AXISBANK lost 3.5% on NSE with 4 times its average volumes. Its trading below Ichimoku Cloud signalling further weakness in the stock. Sell AXISBANK around 503 with Stop-loss at 311 and Target 1 of 482 and Target 2 of 478
CUMMINSIND has been in a weekly downtrend. Sell CUMMINSIND at 713.5 with Stop-loss of 734 and Target of 681
SOUTHBANK is the weakest in Private banks and looks a good shorting candidate. Sell SOUTHBANK at 23.75 with Stop-loss of 24.5 and Target of 22.15
L&TFH has broken down Ichimoku Cloud with good volumes. Sell L&TFH around 154.45 with SL of 156.45 and Target of 149.20
HCC has broken with greater volumes on NSE below Ichimoku Cloud and with bearish indicators setup. SELL HCC at 30.35 with Stop-loss of 31.25 and Target1@29 and Target2 @ 25.80
ONGC is in downtrend and with higher volumes on NSE. SELL ONGC at 178.50 with Stop-loss of 184.3 and Target of 170.40
MARICO traded in HIGH volumes on NSE today which broke above Ichimoku cloud. Buy MARICO at 312.80 with SL of 310. and Target of 322.5
GBPINR is above Ichimoku Kumo and price action heading above Tenkan/Kijun signifying a BUY ONLY ABOVE 90.60 with Stop-loss of 88 and Target1 at 92.45, Target2@94 and Target3@96.45
Sell ULTRACEMCO at 4054 with Stop-loss of 4080 (Stop loss is on closing basis, Please do not exit the stock in intraday volatility), and Target of 3980
DIVISLAB has increased OI today on NSE on greater than average Volumes. Buy DIVISLAB on NSE around 1068 with Stop-loss of 1043 and Target of 1120
MARICO has sold today with slightly larger volumes on NSE signifying a sell in MARICO around 302.10 with Stop-loss of 304.30 and TGT of 298.55
BEML has been a favourite shorting opportunity on NSE in the recent downtrend. This call is for tomorrow. Sell BEML @ 1160 with SL of 1190 and Target of 1070
EURUSD on FOREXCOM exchange has taken support on ichimoku Kumo cloud and is on verge of breaking out. Buy above 1.241 with SL 1.22 and Target 1 at 1.27 and Target 2 at 1.31
NMDC lost 6% on NSE today with twice its average traded volumes. Fresh shorts have also been initiated. SELL NMDC@123.90 SL:125 TGT1:122, TGT2:119.40
Japanese YEN E-MINI Futures a strong buy candidate. Buy only at 0.0094850 as CMP is greater than this price, wait for the prices to come down to the support level. Keep a stop-loss of 0.0092490 and Target 1 at 0.0099290 and Target 2 at 0.016410. Daily and Weekly charts above Ichimoku Kumo signifying a clear BUY signal.