After repeated rally, Nifty showing bullishness and broken the flag pattern on 15 Min chart but stiff resistance is shown near 12020-40 levels. Keep trade according and go for long during intraday or closing basis after closing above these levels.
The index is forming a bull flag and any kind of trade can be exercised on break of the pattern. The Monthly expiry is underway and it can decisive moves on both sides as there is a huge amount of call writers stand in the area of 11500 levels.
The stock is showing an inverted Head & Shoulder breakout on hourly chart and may bounce further, looking for positional long opportunities and entry and exit with SL levels already indicated in the chart. Keep strict SL and trial your stops according to one's risk appetite.
After long consolidation, Pidilite is looking decent at these levels and hopes that the stock might test its previous swings as indicated in the chart. Act on the levels as indicated in the chart with proper entry rules and SL as indicated with proper risk management. The above levels are cash levels and for positional purpose only.
Reliance is in overbought condition and also has given decent returns in previous days, which also roars the Index positively in recent days. Now it assumes that this giant is near its pullback move and all the targets and SL are advised in the chart. Keep strict stops and take positions as per points shown in the chart.
HUL is looking a good stock to buy for investment purposes only and the so called targets may be achieved in the forthcoming days, however it can take some time. Hence, the recommended for investment purpose only to my subscribers. Stops and targets indicated in the chart. Investors are advised once again to buy the stock on dips for better risk to reward.
The Nifty and Infratel having negative relation each and every time. Hence we recommend to long Infratel at these levels with short call in Nifty futures which might be as per self assessment as we can not show here the chart due to some restrictions. The target and SL recommended in the chart above.
Profit booking can be seen in second half of the day, traders may short the Index with SL above 10240 for next 80 to 100 points downside. Since publishing the idea dragged lower from 10200 levels. Traders must short near 10190-10200 zone for better risk to reward.
LT is looking decent in these level and stock is recommended for long opportunities around 895 levels with a strict SL above 880 levels and Target projected over 930-935 levels. Like/comment/message & mail us and be a family of StockTechPro group.
Bata India is showing tired ness on these levels and we can see a deep reversal in the stock. Keep strict SL at 1410. Other levels of Profit taking can be analyze from the chart please. If someone having problem can contact me.
The call was given at 2870 levels on 6th December 2019.We have already recommended this stock. Which may also to be find in the link related ideas below this chart or can also be found in our recommended ideas. Subscribe/like & share and mail/message or comment through this portal to me for any kind of assistance.
With the help of Reliance and some other giants, Index is showing good upmove in first half but we expect that it can slide further in the second half of the day as profit bookings and can drag the Index to the lower levels. Traders can short the futures if it becomes stay within our expectations.
The Biocon is showing good strength and we have already recommended this stock. Which may also to be find in the link related ideas below this chart or can also be found in our recommended ideas. Subscribe/like & share and mail/message or comment through this portal to me for any kind of assistance. NSE:BIOCON