Stock_TechPro

Stock_TechPro Updated 

The chart of Nifty is showing bearishness and its still having more downside available, which may further disrupt the Index towards 11115 level which act as a good support. As per our study the Next possible stop for Nifty is near 11115 Levels.

Stock_TechPro Updated 

The chart of crude oil telling the story itself that it is travelling into a bigger Descending Triangle formation and currently trading with in the channel which depicts that it will touches soon its possible support level @ 43.50 of the channel. Any bounce can be seen from there. Traders are using the selling on every rise which is already shown in the chart. If...

Stock_TechPro Updated 

The chart of crude oil shows that it has more bullish movement still to come and forming the flag pattern. Traders are advised to keep patience during the preparedness of this pattern and take either side of trade on Breakouts for solid Risk to rewards.

Stock_TechPro Updated 

The chart of Index clearly shows bearishness, however it assumes that it can take any Dat-cat bounce from these levels. Hence, traders are advised to short Nifty on conditional basis below 12070 levels for smart levels as indicated in the chart.

Stock_TechPro Updated 

On evaluation of Tata steel charts looking good for trading today, Traders are advised to go long in the stock with SL of 438 for target of 444 and 452 respectively.

Stock_TechPro Updated 

On assuming the chart of Bharti Airtel, it seems that the stock is near its multi months upward resisting trend line which is placed near 390 levels. A closing above the trend line on daily basis may blast the stock on upper levels. However, buying may be advised after breaching the trend line resistance, till then wait and watch whether the stock may be corrected...

Stock_TechPro Updated 

After a long bull run, ICICI Bank showing tiredness on these levels and having shown the weakness. A good fight between the bulls and bears seen today and we hope that the stock might test its support level of 517.50 in the coming days. Keep strict SL of 541 on closing basis to avoid any unwanted noise.

Stock_TechPro Updated 

The Nifty is showing a symbol of weakness at present, we may see profit booking on this level at retest the levels of 11950 in the second half. Keep strict SL of today's high.

Stock_TechPro Updated 

The chart of AsianPaint looking decent and the stock is roaming near its support level . Traders are advised to buy the stock above 1778 levels and go long in the stock with the SL of 1767 for good Risk to reward for a target of 1800 again.

Stock_TechPro Updated 

Voltas has accumulated good volumes and breaking resistance levels. Traders are advised to go long in the stock with SL of 690 on closing basis. Amazing risk to reward from these levels with a target of 704.8 (1) & 758 (1.618) fib levels.

Stock_TechPro Updated 

BEL stock showing strength and also broken one of the strong resistance, traders may take long position in the stock with SL of 115 for target of 124

Stock_TechPro Updated 

Bajaj auto stock structure shows a shorting opportunity on pullback near 3025 level or as you may feel comfortable with for Intraday with SL of 3035 and downside target of 2985. My paid customers shorted around 3025 levels.

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Stock_TechPro Updated 

On evaluating the chart of Nifty 50 with option data and USDINR, it looks that market may be range bound till expiry. Wherein the 11300 levels will act as support and 11400 as a strong resistance levels.

Stock_TechPro Updated 

USDINR is in the formation of "Inverse cup and handle" and forming the handle formation now. Its trading with in the parallel channel after taking support @ 71 levels. Strong resistance seen near 71.55 levels which is moved upside with today's move and yet the levels of 71 acting as strong support. Breaching any side of the channel some big movements can be seen....

Stock_TechPro Updated 

On analyzing the chart of ITC, we assume that the stock has accumulated for a long time on the lower levels and now to ready to go further as there is good delivery volumes and nothing to loose on these levels. Traders may go long in this stock with small SL of 240.8 with a very good risk to reward for a target of 268 levels for positional purpose

Stock_TechPro Updated 

Nifty shows strength in the initial trade and broken of the range of last two days. we recommend to buy Nifty on dip or at current levels for target of 11450 in future.

Stock_TechPro

On looking the chart of GAIL , we found that the stock is just trading on its Monthly uptrend support channel and traders may wait for a either side breakout with volumes.

Stock_TechPro Updated 

Nifty is near its support levels as per spot levels traders may go long in Nifty with SL of 11020 during Intraday. Possible bounce from support levels looking during the day.