shree cements trading at its tendline and holding the 22000 level comfortably, swing buy can be initiated above 22200.
SRF gave breakout on 18Aug and next day formed a doji. But,it succeded to hold the level of (4270-4260). Looking still positive, good buy above 4330 for upper targets
All trading levels are marked on chart. Once levels are broken wait for its sustainability on HTF (15-30 mins) or retest.
All levels are marked on the chart for trading in intraday and swing. If stays within the previous day candle, No trades to be initiated. Once levels broken wait for its sustainability on higher TF like 15-30 mins.
Cholafin is looking good on charts. It has been trading in raising channel, yesterday it closed at the top of the channel. 225 was resistance which also broken with volume. Buy if breaks and sustain above the PDH.
Ultratech was trading in a falling channel which got supported on its demand zone (3960-3950), bounced from this level and yesterday it broke that channel. Seems good buy considering rally in reality sector.
Earlier idea was shared on 06 Aug for Swing Buy if (645-650) breaks. But breakout came yesterday with good volume. Buy for swing in any dip near 655 for target 680, 730
Ambujacem had been consolidating since 31Jul near its swing high resistance level (224-225), yesterday that range & resistance got broken with volume. Buying Above 230 seems good bet
Tata chem looking weak as it has been testing its major support several times and consolidating between 20 dma & support, if broken 292-290 with volumes and sustains more pain can be seen.
Wipro is able to hold its 277 level, once broken and sustained sell can be initiated
Baj Elect has broken its swing high and resistance, once broken 475 new high can be seen
Since, it didnt breach its support and formed a good bullish candle after a week consolidation, will look for now a buy opportunity if sustained above PDH (Previous day high)
Blustar resisted from its swing high 562. 585-562 is supply zone for Bluestar. Once broken this level, buy can be initiated.
Bluedart is trading at its major support 1940. Breaking this level at EOD basis may bring more pain in coming session
Godrejcp is closed at trndline itsef with volume. FMCG pack is not looking so bullish,so 722-723 may act as resistance. Buy can only be initiated above this level for the target of 750 and more
Havells right now trading near its resistance, considering its momentum it may break this level for the first target of 622. Sell only can be initiated when 605 breaks
L&T has broken its trendline with volume. Always keep such stocks in your watchlist. In many cases such volume buzzer stocks doesnt give much movement next day. A small hurdle at 970-975. Looking at the consolidation and if all goes well LT may soon touch 1000 and above.
Chola Fin has formed a bear piercing candle at the resistance. If today it breaches the last green candle's low and sustains, more fall may happen