THERE IS A BULLISH CROSS OVER OF T-K IN THE ZONE. ONCE, IT CROSSES 71.62, THEN 71.7 SHOULD BE THE NEXT TARGET.
AUROBINDO PHARMA HOUR CHART INDICATES AN INVERTED H&S IN FORMATION WITH NECK LINE AT 622 LVL. ONCE THIS IS CROSSED THEN NEXT TARGETS ARE 628 / 634 & 655. LET THE SHARE TRADE ABOVE 608. THEN ONE CAN ENTER WITH A PROPER STOP LOSS.
MOVING TOWARDS HIGH LEVELS ONCE THE RESISTANCE AT 71.58 IS CLEARED.
RIL DAY CHART HAS A FLAG FORMATION. ONCE THE HIGH OF 1306 IS CROSSED AND TRADES ARE DONE, THEN 1323 WILL BE THE TARGET. THE RIL COUNTER IS EXPECTED TO GIVE A BEAUTIFUL RUN UP TO 1374, ONCE IT IS OUT OF THE CLOUDS (OR) TRADING IS DONE ABOVE 1325 LVLS.
BANK NIFTY IS FACING RESISTANCE AT 28440. ONCE THIS RESISTANCE IS OVERCOME, THEN THE BN IS LIKELY TO GO TO 29,530 LVLS IN THE COMING DAYS. IT HAS SUPPORT AT 27620.
IF THE NIFTY MANAGES THE "W" SHAPE AND OVERCOMES THE RESISTANCE AT 11116, THEN THE NEXT TARGETS FOR NIFTY MAY BE PLACED AT: 11,183 / 11,217 & /11,394.
AMBUJA CEM IS TRADING 20L VOLUME AND 40% DELIVERY. WHEN THE PRICE TRADES ABOVE THE RESISTANCE AT 215, NEXT TARGET CAN BE 220 / 224 LVL. WAIT FOR TRADING ABOVE THIS LINE.
PNC INFRA HAS A DOJI FORMED YESTERDAY. GO LONG FOR TARGET OF 220 / 240 IN THE COMING DAYS, ONCE IT IS TRADING ABOVE 210. IF IT BREAKS 196 LVL, THEN IT CAN GO DOWN TO 175 LVLS. AS ICHIMOKU CHART IS BULLISH AND PRICE HAD COME BACK ROM 220, IT IS ANALYSED THAT IT WILL HAVE UPWARD MOVEMENT.
THE SHARE PRICE IS GETTING GOOD SUPPORT AT 1138 LVL. ONCE, THE 1170 LEVEL IS OVERCOME, THEN 1240 SHOULD BE THE NEXT TARGET FOR THIS GENERAL INSURANCE COMPANY. IT HAS GOOD 69% AS DELIVERY OF THE TRADED VOLUME. STOP LOSS CAN BE KEPT AT THE GREEN LINE SHOWN ON THE CHART.
INDIGO HAS A RESISTANCE AT 1623. PRICE IS OUT OF THE CLOUD. ONCE IT OVERCOMES 1623, THEN THERE IS A FULL CLEAR SIGNAL FOR TAKE OFF TO 1700.
MUTHOOT FINANCE IS TRADING WITH GOOD VOLUMES. IT SHOULD BE ABLE TO REACH AND CROSS 655 LVL IN THE COMING DAYS. MAINTAIN PROPER STOP LOSS.
HOUR CHART SHOWS 71.35 AS THE NEXT TARGET. DAY CHART HAS GOT SUPPORT AT TENKAN.
TATA STEEL SEEMS TO REVERSE FROM 350 LVL. ONCE IT STARTS TRADING ABOVE 367, THEN A TARGET AT 380 CAN BE PLACED. STOP LOSS CAN BE PLACED AT 355.
TCS WEEKLY CHART INDICATES A PRICE LEVEL OF 2086 IN THE COMING WEEKS. IN DAY CHART, IT HAS GOT SUPPORT AT 2159. IN HOUR CHART, THERE IS BEARISHNESS IN THE CHART.
ZEEL ON WEEKLY & DAY CHART GIVES NEXT TARGET AS 354.5.
In a late evening exchange filing on August 15, Yes Bank confirmed that it has sold around 231 million shares to Societe Generale (18.75 percent of 231 million), Key Square Master Fund (16.2 percent), BNP Paribas Arbitrage (14.43 percent), HDFC Balanced Advantage Fund (10.26 percent) and Key Square Master Fund II (5.88 percent), among other shares. All the big...