StockRAI

StockRAI

Double bottom.

StockRAI Updated 

Bulls can wait for entry according to me.

StockRAI

Can go long.

StockRAI Updated 

BankNIfty has been consolidating between 25680 and 25760 for almost 6 hours failing to break either way. Notice bearish divergence in MACD. However, technically 25680 is considerably a strong support in favour of the index. Supports comes through rising trendline and at 25180. 38% Fib retracement coincides around the same area. Though long term bull trend is still...

StockRAI Updated 

Hindalco has bounced off from 250 level where there's a trendline in Daily time frame which is the third bottom over it. Stock is clearly bullish and looks like good time to buy. 260 can be a better entry, though I'm not sure whether we get that discount today. Anyway, the stock is a buy with 276 as exit point. Can expect a short term resistance at 265.

StockRAI

Stock breaks out confirming bullish triangle pattern.

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Long

StockRAI

Can go long with 115.70 as target.

StockRAI Updated 

BHEL has hit a good support @ 87 area. If support is breached 82.40 should be the next stop. On the other hand, if support holds and moves off current level, 90 seems to be the next resistance, a break of which could appreciate price further to 100 levels. Would recommend to buy in cash with stops below 82.

StockRAI

Long

StockRAI

Long as double bottom confirmed. Anywhere between 120 - 125 can be a good entry. Or on the curved support.

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Explained in Chart.

StockRAI Updated 

With all the positives surrounding sovereign upgrade Nifty opened around 100 pts upwards. But intraday fall doesn't look healthy. However support zone is seen between 10245 and 10285 and there's high chance of a bounce off that area which should take the index to all time high levels. On the other hand we should be wary of crucial support area between 10135 and...

StockRAI Updated 

Go long once neck level is taken out. Target @ 745.

StockRAI Updated 

Go long if inverted H&S holds true. Target comes @ 960. However, there's a resistance @ 955 and so once the stock reaches 955, it's better to either use trailing stop around 955 and hold till 960 or liquidate longs.

StockRAI

There's a bullish continuous triangle in SBIN. Wait for the confirmation before going long.

StockRAI

In Chart

StockRAI

Following a bullish pinbar in weekly timeframe and hourly trendline break, ITC looks good to move up with short term targets of 264 and 270.