YES BANK, RELIANCE COMM LTD, ASHOK LEYLAND, CG POWER AND INDUS, OIL & NATURAL GAS, ITC
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Union Bank is at a very strong support zone and might bounce off it. One should wait for a single day candle to close above 126 mark to enter long. RSI shows upward momentum and MACD is about to cross over. Enter trade - 126-129 1st profit target - 140 2nd profit target - 150 3rd profit target - 180 Stop loss - 104 Please do your own research before entering the...
HDIL (NSE) for some time is trending in a rectangle and currently at a very strong support zone. It seems to be bouncing off it. It a good opportunity to go long. I am waiting for 1 day candle to close above 52. RSI shows a reversal however MACD is yet to cross over. Three things to keep a note of- 1 day candle closes above 52. MACD crossing over RSI showing...
Nifty 50 is in a upward trend. To sustain it a correction is necessary. Between feb and march Nifty 50 might retrace to 0.618 fib levels. That would be around 10500. RSI shows a down trend and MACD is also moving towards a cross over. However we need to keep a close look as budget on Feb 1 might influence the direction of Nifty 50. Do your own research before...
After a sustained bull run, National Aluminium has formed a head and shoulder pattern indicating a correction. Its currently at crucial support level. If it breaks 71, then it might drop to 61.00. Enter - 71.50 - 72 Take profit : 61:00 Stop-loss :74 Please do your own research before entering the trade. If you have any feedback, do send it.