Bharti Airtel Trading in a wedge. Breakout above resistance zone may take this towards 760/777 As of now at resistance, Weakness only if it breaks down of wedge.
TV18 Broadcast CMP 42.25 Long Above 42.8 Strict SL 38 Target:- 46/50 and then more
Good Breakout of Pithfork Long only above 540 STRICT SL 510 If works out 600 can be initial targets. Low Volume Stock. No clue about fundamentals. Disclaimer:-Please consult your Financial Advisor before investing. This view is for Study Purpose.
Elgi Equipment Rested at previous resistance now support and finally broke out today. Keep an eye. Can be bought on any dips till 445 Sl 415
Question on Insecticides India Remain bullish till trading above 963 Trend is Bullish Breakout of Pithfork Resistance around 1065 can bring in further strength.
HDFCBANK AT SUPPORT OF Pithfork Staying below 1491 may see some weakness Keep an eye
Industower Looking weak Keep an eye Short with SL of 200 may move towards 180
ICICI BANK Keep an eye staying below 875 would open a move towards support zones in short term. Short below 875 SL small at 880
HDFC AMC Buy Only Above 2025 SL 1950 Stock has already given a breakout and sustaining above it. Keep an eye.
PEL tested its Short Term Breakout. Keep an eye. Remain Bullish till trading above 1760 Can keep a SL of 1636 for medium term hold.
BEML Swing trade Long only above 1460 Keep small SL at 1400 since volatility has increased in marker
Dr Reddy CMP 4147 Small dips to 4100 can be bought. SL below 400
Swing Trade Larsen CMP 1827 Small dips to 1800 can be bought Sl 1770
CNX Pharma Good Breakout on charts CMP 12982 Small dips towards 12800 Can be used to enter Pharma Stocks
Banknifty Trading within a wedge. If breaks the small trendline may make it move towards the major trendline support. Break of major trendline we may see some weakness.
Consolidation Post Good Uptrend. Hinduniliver Breakout may give further legs to already existing up move. Keep an eye:- Long if sustains above 2640 Sl 2600
Remain Bullish till trading above Median Line. break of that may bring in some Profit booking. Till Trading within Pith fork, any dips would be used to go long.
Berger Paints Go Long if it starts to sustain above 600 Sl 570