Retailer_ki_dost

Retailer_ki_dost

UPL is trading near its swing high, looking at the momentum, it may give breakout in coming session Buy can be initiated above 536, Resistancepresent @ 550, SL 528

Retailer_ki_dost

Sonata software is a small cap stock, probably thatswhy rally came slightly later. In previous day session it has broken 1. its long term trendline resistance 2. its recent swing high zone 3. absorbed the whole candle of 31 Aug 20 Currently above 200dma and breakout came with good volume. Buying near 330 can be a good bet, SL 320 First target 350-352.

Retailer_ki_dost

Orient bell follows the technical analysis very well and currently it is near CNH pattern breakout. There was a consolidation seen in handle formation, so this makes the pattern more reliable. Closing above 111-112 is imp for confirmation. But, keep your mind clear that any pattern can be fail so SL would be 98. Target as per pattern is near 160, but there is a...

Retailer_ki_dost Updated 

Birla soft broke its narrow range (by making symmetric triangle) and its long term (2 yrs) resistance (174) in previous day session with good volume, this is its second attempt to break this level. Its a good and safe buy above 188 if sustained for new highs WSL 175. If retraces back to 176-174 and makes a good bullish candle then its the best scenario to buy this counter.

Retailer_ki_dost

GOLD MINI FUTURES IF BREAKS THE NECKLINE RESISTANCE OF 52,200 THEN 54,120 AND 55,670 LEVELS MIGHT COME SOON. STOPLOSS IS ALSO GIVEN. IT SHOULD BE BELOW THE RECENT LOW OF GOLDM FUTS.

Retailer_ki_dost

IGL HAS BEEN IN RECTANGLE ZONE SINCE 07 JUL 20. LOOKING AT THE MOMENTUM, IT MAY BREAKOUT IN COMING SESSION. BUY ABOVE 423 FOR SAFE BET

Retailer_ki_dost

IEX has been consolidating since Jun 20 in narrow range and gave breakout 14 Sep 20 and retested its breakout level in previous day session. Formation of a good bullish candle here will make a good buy for swing / Long term. You can see inverted Head and shoulder pattern as well.

Retailer_ki_dost

SRF took bounce from support and broke its trendline in PDS, currently trading above 4260 (Major resistance), looking good to buy above 4380 if sustained.

Retailer_ki_dost

If you want to catch the move at early stage then, voltas is at the verge of giving flag pattern breakout, buy can be initiated above 663. There's hurdle present at 671, 682. Such bets are a bit risky but give massive returns.

Retailer_ki_dost

Grasim has been performing well, looking tat thr volume structure and strength in the trend one can go long only if sustained above 732.

Retailer_ki_dost

COFORGE has broken its long condolidated zone in previous day session, sustainability abv 2060 is very imp. Looking at the market structure it can be bought anywhere above 2060 for swing trade with SL 2000

Retailer_ki_dost Updated 

NATGAS IS AT RESISTANCE. CAN BE SHORTED AT CMP WITH 2 RS SL AT MAX

Retailer_ki_dost

CRUDE OIL CAN BE SOLD BELOW 2718 FOR TARGET OF 2681. STOP LOSS SHOULD BE 15 PTS AT MAX

Retailer_ki_dost Updated 

Tata steel is looking weak among all stocks in metal sector. Breaking PDL may bring to target of 378 or till 200dma in coming sessions.

Retailer_ki_dost Updated 

Colpal managed to close above 200 dma in previous day session, respected its demand zone 1350-1360. If breaks 1400 and sustained its a good buy for swing as well as in intraday.

Retailer_ki_dost

Nestle has been consolidating at the support since two weeks, past two days showing some good moves. It can be bought for swing above 16460 if sustained 30, very good R:R.

Retailer_ki_dost Updated 

if sustains abv 1210, can go upto 1240

Retailer_ki_dost

Tatachem broke its imp support in PDS and closed below it as well as 200 dma. If PDL gets broken and sustained shorts can be initiated for the target of 275