Hdfcbank spot cmp :- 1585 Good short candidate. Counter have broken demand line of rising channel structure,, Also broken smaller time frame support line (horizontal,, Good to create shorts in range 1585-1609 Stoploss above 1625 on hourly closing basis. Downside 1550-1530-1510..
Apollo hospital spot cmp 2755 Counter Have given breakdown form smaller time frame support line which is around 2775 levels,, Short can be created in counter with stoploss of 2815 on hourly closing basis. Down side counter can slide to levels of 2700,, if breaks 2700 and sustains for 20-30 mins can fall to levels of 2600-2550 also,,,
Adani port spot cmp 553 Good short candidate around 558-562 which is CIP levels as of now,, Stoploss of this trade will be 566 on closing basis of 15 min candle,, down side 525-515-500 possible
Nifty spot cmp 15230.. Supply line resistance around 15240-15250 levels,, good to go short at cmp.. stoploss of 15260 on 15 min candle closing basis,, very small risk trade down side can fall till levels of 15060-14984-14864..
Bank nifty spot cmp :- 35765 Bank nifty is making inside candle formation,, with narrow range . breaking below which would lead to nearest gap filling which is around 35400 to 34550 levels. Breaking below 35400 and sustaining for 20-30 mins will lead to fall till levels of 34780-34820 levels.. further below 34780 if breaks and sustain can fall to levels of...
Nifty spot cmp :- 14940 Nifty spot if breaks 14865 and sustain for 15 mind can fall to levels of 14700-14715,, Below 14700 if gives daily close can further fall to levels of 14515-14545.. A gap between 14330-14460 is pending to be filled,, which can be filled if nifty sustains below 14500 levels on closing basis.. Stoploss for the trade will above 14950 on 15min...
ICICI BANK SPOT CMP 612 Counter have support around 609 levels,, once breaks and sustains below 609 for 20-30 mins.. short can be created,, stoploss will be 627 on hourly closing basis.. down side counter can fall to levels of 560 levels and below that if sustains can fall to levels of 520 levels...
SRTRANS SPOT CMP 1471 Counter is around resistance of rising channel levels,, wait for reversal confirmation.. Below 1450 counter is good short with stoploss of recent peak.. counter need to sustain below 1450 levels for 15 to 20mins,, Down side counter can fall to levels of 1375--1350-1325 levels.. Price is making higher high and RSI is making lower high,...
Drreddy spot cmp 4740 Counter have given breakout of flag and pole pattern,, longs can be add around this levels,, targets can be around 4970-5000 levels..
Tcs spot cmp :- 3180 Counter is having support around this levels of 3180 and now counter have started to change it trend on smaller time frame, lower high are being made and probably we may see lower low also ,, channel supply line around3220 levels ,, Breaking below 3180 levels and sustaining for 20-30 mins would lead counter to levels of 3100-3050-3000-2950...
Godrej Properties spot cmp 1400 Counter have resistance around 1405 to 1445 range ,, can be shorted in this levels with stoploss above 1450 on hourly closing basis down side counter can fall till levels of 1325-1290-1250
Apollo Hospitals spot cmp :- 2700 Head and shoulder pattern breakdown below 2700 levels,, counter can be short sell below 2700 levels for targets of 2600, with stoploss of 2750 on 15 mins closing basis.
ACC spot cmp 1760 counter is having confluence resistance levels of supply line and horizontal resistance trend line,, if unable to sustain above 1780 levels can fall to levels of 1725- 1675 --1625 view gets negated above 1800 levels on closing basis
UBL SPOT CMP 1297 NEAREST RESISTANCE IS 1308 LEVELS,, ABOVE THAT COUNTER MAY GIVE SHARP UP MOVE OF 5-7-10% ASCENDING TRIANGLE PATTERN FORMATION HAVING RESISTANCE LINE AROUND 1308 INVERSE HEAD AND SHOULDER PATTERN FORMATION HAVING NECKLINE AROUND 1308 VCP PATTERN FORMATION CONFIRMS BREAKOUT ABOVE 1308 LEVELS Long positions can be created above 1310 levels ,,...
MNM spot cmp 820 Good resistance around 832-838,, if unable to cross this levels counter can fall to level of 797,, below 797 if sustains can fall to levels of 760.. View gets negated above 845 levels on closing basis.
HDFC spot cmp 2660 Two days ago we recommended to go long around 2400 levels with targets of 2500-2550-2600-2650 all targets were achieved,, Now seeing price action counter have given good reversal from the peak in last 60 min of todays session,, Supply line resistance and Horizontal resistance line would act as resistance around 2695 to 2715 levels,, Good...
Reliance cmp 1840 :- 1830 is strong support levels.. with stoploss of 1795 on closing basis counter can be bought for targets of 1950-2000-2050 If breaks and close below 1800 can go short with stoploss of 1830 for targets of 1700-1650-1600 levels..
Hdfc bank :- spot cmp 1390 Counter have good support in range 1360-1345 levels,, longs can be created in this range with stoploss of 1340 on closing basis. Upside 1440-1490 levels can be seen. Once counter give close below 1340 can go short with stoploss of 1360 on closing basis down side levels 1300-1260 possible.