TCS faced 5 times resistance around 2300 zone So I will be cautious while buying unless there is breakout with volume otherwise, I will look for sell options
MGL After showing continuous 5 black crows gave a breakout upside Breaking prev. high of 984.25 during its fall, it took support at exact prev. resistance of 939.50 so I am betting on long with high risk at cmp and low risk in range of 970-975 with SL of mid of prev. candle i.e 960 Target being 1020 Time 1-2 weeks
Rsi Showing negative divergence with price combination So be cautious if you are long Price wise showing Resistance @ 720-740 zone
SL 1550.10 Trgt 1528.50
Icicipruli is in strong uptrend so can be bought intraday at 425.05 with SL 420 and Trgt 435 Be cautious over nifty If nifty is down by 25+ points then dont buy
Srtransfin is near its support of 960 so can be bought with positive nifty SL 959-961 Trgt 980
Jswsteel is a downward trending stock for past many days So I am betting it on downside below support zone of 215 for targets of 200 and SL of 219.10 personal study: https : // i.imgur.com/a9PEPCw.jpg
Nifty up or down but Lalpathlabs is constantly moving in uptrending channel and further, yesterday it has given breakout above that channel so it's a very bullish pattern As i am expecting nifty to open gap down on tuesday so i am not suggesting to buy Dr. Lal at cmp so lets wait for range of yesterday high and if it breaks then Buy for 1300, 1330 SL: there will...
SL small at 908 trgt 895
ITC can be bought intraday at 236.50 SL 235 trgt 241
Recently, RSI has moved to over sold zone Fibo retracement levels as per recent swing, points minor support at 10940 and resistance at 11160 but if we include OI then support comes to 10900 200 DMA is at around 11160 and that confirms resistance Now if Nifty future breaks 10900 then can fall upto 10725 next support is 10600 for nifty future and if future...
Resistance around 11180 Supports: 10920, 10880 and 10800
Britannia can be sold at cmp 2455 Trgt 2430 SL 2470
Its same as mcx that i have posted today so i expect a volatile movement today on 2 mins chart. The method of my trading is very simple Just spot 2-3 stocks concentrate on only them use amibroker and apply any tsl based afl on 2 mins timeframe avoid signal on very first candle if you get signal on first candle then wait for 2-3 candles for confirmation for all...
MCX has shown an uptrend channel and trading above resistance I expect it to be volatile today so trade it in 2mins timeframe today