Nifty Creating H&S Pattern on Hourly Charts. 9946 Turning out to be important level. Trading below this level, Nifty can correct further. Logical targets would be 200 Points to 9750 But then we all know how the neckline act as a very strong support. First instrict should be a buy with small SL of 9935
Tata Chemicals in Support Zone. Results are not good, but be careful shorting this counter. As of now neutral.
Short Term buy for target of 180 Small SL Close below 160 CMP 166
BHEL at Gann Line and Fib Pivot Support. Expect a bounce from this level. Traders can initiate long positions with SL just below to today's low Target 142/144
Mindtree at very important Gann Line Support. Highly oversold. Buy with SL of close below 461 Target 488/500 and more.
Aggressive Traders Buy only when it stays above 1020 for at least an hour. SL 989 Safe traders buy close to 1000 if you get with better Risk to Reward.
Page Industries at important Support. Target 17040/17520 SL 15980
This stock follow Gann Angles very effectively, Hence all good till it does not close below 148 Target 170 and more. Small SL hence take the trade or keep holding.
Investors, One can start to accumulate ICIL in the mentioned demand zones for a Target price of 200. Traders can also play for bounce for Targets of 175/182 Small SL on close below:- 156
Stock bounced from Strong Demand Zone Strict, very strict SL of Close below 25 CMP 29.60 Target 35/40
Gail can be shorted below 374 for below targets 355/340 SL 389
Stock has created a strong resistance zone and any up move in the resistance zone should be used for shorting opportunity. SL 1201 Positional Target 1110
DLF at channel support. Next support at 184 Bounce expected. Buy with SL on close below 184 Target 205/220
SL on close below 120 If SL Saved Target 135/150
Inverted H&S Pattern Breakout. Implied Target 1650 Buy any dip till 1444 Small SL on close below 1420
Will we get a breakout???? Neutral now, awaiting breakout. Keep an eye. Targets/SL later