Simplecharttraders

Simplecharttraders

ITC has been forming a base pattern for more than over 1 week in the daily chart and now scrip is trying to give positive breakout from that pattern, hence, buy ITC for an immediate target for 270 level if this scrip starts to move against then place a stop loss at 240-242 level.

Simplecharttraders

ADANIPORTS looking bullish on daily charts. Breakout of resistance at 420 with huge volume, hence, one can initiate long position with a target of 450-460 level in the short term. place stop loss at 393-394 level.

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Strategy: Bullish Flag pattern HUL made high 2100 on 23 Sep, retraces its 50% & again resumed its bullish trend with high volume. Positive Q2 results on 14th Oct

Simplecharttraders

Buy Bharti Airtel for a target level 400+

Simplecharttraders

HCL Technologies: Buy| LTP: Rs 1,079.10| Target: Rs 1,130| Stop Loss: Rs 1,045