We will take a trade on break of these Blue Line. Break of Solid Blue Line Target 1- Green Line at 468 Break of Dotted Blue Line Target 1- Red Line at 411
Well Everything is :) Anyways:- Short on break of channel. Target 1- 346 SL at beginning 370 and then can be trailed.
Post this fall, Canara Bank is now entering an accumulation zone.One can start adding this stock now and at every dip till 230. once this turmoil is over this stock will again regain its price at 330 zone. SL will update later.
Looks like Wipro is gearing up for a blast on upside. Trading in Ascending triangle but facing resistance at 470 levels. Buy if you see it closing above 470 Target 500 SL 464 ON CLOSING BASIS.
Exit Syngene on Break of TRENDLINE Target- 520/500
After running a marathon from lows of 300 Levels to its 200 Daily EMA, Oil India showing signs of some tiredness at upper levels. For me the setup is optimum for a short trade in Futures, Writing 450 call option or Buying a Put. Well take your bet as per risk. Target for coming week should be 412 . But since its a expiry week be bit vigilant and alert. CMP- ...
On Hourly Charts, Tata Chemical has been trading in a Parallel Channel. This week we should get a break outside this channel, which side yet unknown. On Upside- Targets- 497/505 Downside Targets:- 470/464
HUL is at very critical level. Breakdown from H&S can BRING FURTHER WEAKNESS. WATCHOUT AND BE ALERT.
KSCL is weak on charts, Trading below its Pivot. One can short this below 389 for target of:- 385/372
Cairn has been moving up with trendline support, its seen facing some pressure on upside. looks like we may see a test of the trendline. Short it with target of 245 sl- 262 on closing
Looks to me as its creating a Flag Pattern on downside and break of the channel will lead to sharp downside. One can short this on close below 75 for below targets:- Target 1- 70 Target 2- 63 sl- 78
Well, This trendline is so important that it can very well termed as Life Line. Close below this trendline can bring a doomsday for ICICI. If not then its a sign of relief. Good Risk to Reward for buy:- Buy tomorrow if it does not open below the trend line and and keep holding this till it closes below the trendline. If it does then reverse the position and...
In the Channel now, Respecting Huge Support and Resistance. Breakout of this channel will give us decent run on either side. But since its not in FNO we will be looking for an upside breakout.
BalajI Amines is breaking out and can be bought now. Target 360 Sl- 305
Will this again enter the channel or bounce back. If the channel trendline is held for first hour of trade on Monday then we can see some bounce towards:- 383 Or else short this for first target of:- 368 and 361