Aditya Birla Sunlife AMC CMP:400 RSI: 19.25 (Oversold) Doji Candle formed can reverse from here. SL:370 T1: 415.65 T2: 437
ITC CMP: 345.6 Forming double bottom Stop loss :- Yellow trendline on closing basis.
DLF If 1 full candle is formed below the trendline exit the long position. Risky trader can long with a SL of 381. Targets on upside: 401/406
Nifty IT forming a double top patter. Stocks to watch out: 1. TCS 2. HCLTech 3. TechM 4. Infy
Pennar Industry CMP: 57.95 Buy On Dips (Till 48) T1: 62.5 T2: 67.6 T3: 85.5 SL: Handle of the Cup (Around 32-34)
Route Mobile CMP: 1,321 SL: 1,235 (CB) Target: 1,494 Risk Reward ratio - 1:2 Stock has posted good set of numbers can be a Portfolio stock.
Privi Speciality Chemicals - Channel Breakout Follow the target and SL.
Rico Auto CMP: 58.05 T1: 62.65 T2: 74.20 T3: 87.30 SL: Black Trendline. (When a candle closes below black trendline on a closing basis)
Exide Industries - Forming double buttom on weekly time frame CMP: 173.80 SL - Below Red Line..!
Reliance Industries is at crucial levels. 2530.50 Follow the trend line. RSI is at the support levels hence more possibilty of the stock price to go on up.
Follow the Trend: As Auto companies saw a good swing can see the impact on Auto ancillary companies
Price range of 141.15 - 142.10 is crucial one can initate the trade on a long side only if the price goes above 142.10 and sustains for 2-3 trading days. Currently the range of 141-142 is acting as strong resistance Target 1: 163/165 Target 2: 170/172 Target 3: 183++ S H Kelkar OVerview: Sector : chemicals Business: One of the india's largest player that...
Double Buttom Adani Enterprise SL below Red Line on a closing basis
Axis Bank The stock has broken the important averages. (100EMA & 200EMA) on a weekly TF. Can short at a CMP with a SL of 649-651
ICICI Bank - Bearish One can short from current level with a SL of 704. Note: On a weekly TF the stock has broken 50 EMA and hence on a shorter term the chart set-up in bearish. Long Set-up 644-650 seems to have a strong support level. Can start accumulating from 660/650 and keep space for lower levels. Caution: If it breaks (Weekly TF) downfall of more...
Kiri Industries - Breakout with volumes CMP: 546 Targets: 558 / 570 SL : 536
Facing Resistance 1. Trendline resistance - 780 2. Bollinger Bands - 781 Risk traders can short at CMP with a SL of 785 Waiting for a confirmation on 07th April 2022.
HAL Long Whenever this scrip has taken a support and bounced from 5o DMA with good volumes it has taken swing of average 25%-30%. 50 DMA is acting has a good support for the srip. CMP: 1524.3 Buy on Dips SL: 50 DMA. Target: 1725