HCL Tech at its support and all set to rock up. Buy HCL Tech above 907. Target 1- 957 Target 2- 990 Stoploss- Below 890 Closing Basis
Tata Motors is trading in a very narrow range and we expect a breakout soon on 15 mins chart. A short position below 302 for a small target of 298 from where it is expected to rebound. If we see a bullish breakout then we can buy for a target of 315 followed by 323. Ultimately the momentum is still bullish and just we need to wait for a right entry level. All...
SPX looks to reject price on the upper side and are seeing a strong resistance on top. The TDI shows a nice diversion and it seems that we are about to see some correction.
BTCUSD looks strong on the upside. The chart first formed a strong support with TDI diversions. Followed by the first leg of up move. We are watching some resistance because of the trend line firstly and secondly this area has acted to be a resistance zone earlier too, hence 55000 is an important zone. Now two trades are possible- Case 1- Breakout- If it...
GBPINR has consolidated a bit after the fall. A pullback was seen and the support perfectly became the new resistance. Now a fresh short position below the trend line for the targets as mentioned along with stoploss.
Nifty shows a potential upside for tomorrow session. A perfect W bottom with clear diversion on TDI. The diversion is strong as the first leg of the diversion is outside the Bollinger band followed by the second inside leg. If it breaks the trend line we can expect the 61.8% levels tomorrow.
SBI looks positive above the trend line. SBI can be added from these levels as there is a strong support being formed. The stock touched the low and a positive diversion was seen after which the stock is in strong positive momentum.
Bank nifty looks positive and can be added from these levels. If we see the bottom there is a clear support with TDI diversion. The index broke its resistance today strongly and should continue its strong momentum. The first target is 33500 followed by 34100. Should follow a stoploss below 32000 on closing basis.
D Link looks positive as it is have a strong support near 98 level. One can add this stock for a short term purpose. Entry- 98- 99 Target- 107-114 Stoploss- 95.8 Closing Basis
Indusind Bank look really positive from this level. A strong support at the bottom is being seen and would be recommended to buy at the levels of 870. The TDI diversion looks strong and can be held for a swing purpose also. Buy above 870 Intraday Target 885 Intraday Target 2- 925 Positional Target- 1000 Stoploss- Below 810 Closing basis
Tata Motors is trading in a very narrow range and we expect the stock to breakout from the range. A strong upside momentum is expected above 300. The position for tata motors will be bullish above 300 for an immediate target of 308 followed by 314. A level of 292 looks like a strong support and stoploss should be kept below this level.
Buy gold above 47600 Target 1- 47850 Target 2- 48000 Target 3- 48400 Stoploss- 47350 (Closing Basis)
The fall might not be over but we have a small scaling opportunity to gain some pips. The risk reward looks favourable for the intraday.
The chart seems to form a perfect M top with a clear diversion and as per the Steve Mauro setup it is expected to continue the bearish trend. GBPINR broke its trading range to make its new high and it is bound to be intervened as per fundamentals.
Tata Motors looking to recover strongly with the market and one can buy above 296 with the targets of 300-304-308 on intraday. A strict stoploss is advised below 290.