If stock overcomes the barrier of 1100 and at the same time rsi will be above 70 then will move to 1150 Today being a crucial day to watch if it takes resistance at downward trend line or breaks it on upper side I will be following it closely
Stock is showing/forming an ascending triangle with rise in RSI and rsi being above 60 Can be bought at 750.10 with targets 757 intraday and 780 positional SL in this case is big at 730 so be precautoius
Stock is trading in downward channel which it broke recently So I suspect it to be bullish above 98.50 Thats recent high Target will be 104, 110 and SL must be 94
Stock is showing big support at 29-30 and resistance at 42 and final resistance at 47 so we can buy some qty at breakout of 42 and some at breakout at 47 and can average till 30 29 closing being SL Better to divide capital in 5 parts and invest at every level Final target is 64
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