L & T MAY REACH TO A MAX OF 1396. STOP LOSS CAN BE MAINTAINED AT 1378 LEVELS. MY OBSERVATION IS IT WILL RETURN BACK FROM 1398 LEVELS AND REACH 1378 AND LESSER AS GIVEN IN MY PREVIOUS ARTICLE.
MENTIONED IN THE CHART ARE MY OBSERVATIONS.
SEE MY COMMENTS. PLEASE MAINTAIN STOP LOSS.
T IS IN A RANGE BETWEEN 320 AND 312. IT IS LIKELY TO GO UP WITHIN A FEW DAYS (MAY BE 20) TO 354 WITH A RESISTANCE IN BETWEEN AT 333. PLACE STOP LOSS AT 303.
EIH HAS TARGETS OF 210 IN THE COMING DAYS. HOURLY CHART IS IN BEARISH MODE. PLACE BUY FROM 187 TO 189 RANGE. TARGET OF 208 AND STOP LOSS AT 185.
DAY CHARTS SHOW BUY. TARGET-1 641 (RESISTANCE ALSO) AND TARGET-2 652. PLACE STOP LOSS AT 616.
KEC INTERNATIONAL HAS A TARGET OF 316 IN THE COMING DAYS. RESISTANCE IS AT 305 LVLS. MULTIPLE BOTTOMS CONSEQUENTLY FOR THE LAST THREE DAYS AT 285, CAN BE STOP LOSS. IF IT IS BREACHED LOOK FOR 278 LVLS AND ADD SOME MORE. CROSSING OF 316 WILL LEAD UPTO 325.
COMMENTS ARE DONE IN THE CHART. PLEASE READ 207.6 IN PLACE OF 307.6. REGRET THE TYPING MISTAKE.
SHORT WITH TARGETS 524 / 507 IS OBSERVED. STOP LOSS TO BE MAINTAINED AT 566. REASON IS REACHED RETRACEMENT FIBONACCI LEVEL AND THE GROWTH IS LONG AND CONTINUOUS.
IT IS EXPECTED TO REACH A HIGH OF 1723 IN THE SHORT TERM. STOP LOSS INDICATED IN THE CHART.
AS INFORMED EARLIER RIL DROPPED TO 1330 LEVELS. TODAY IT HAS STARTED BOUNCING BACK. IF THE RIGHT SHOULDER IS FORMED THEN EXPECT 1376 LEVELS AGAIN.
WIPRO IS IN A H&S FORMATION IN COMPRESSION MODE. SHOULD REACH 286 LEVEL. IF IT CROSSES UPSIDE THEN NEW LEVELS OF 330 MAY BE KEPT. STOP LOSS SHOULD BE BREAKING THE TREND LINE DOWNSIDE.
IF IT CROSSES 666, THEN IT WILL MOVE UP TO 676 MAX. STOP LOSS AT 662. IF IT DROPS BELOW 663, THEN 637 IS THE FIRST TARGET AND MAY GO BELOW ALSO. IN OUR OBSERVATION IT SHOULD GO DOWN TO 620 LEVELS. BUT, WHAT DISTURBS IS THE HIGH DELIVERY PERCENTAGE.
JUBILANT WANTS TO TOUCH 1470 LEVELS AGAIN. IF IT CROSSES, THEN NEXT TARGETS ARE 1491 AND 1506. 1446 IS THE FIRST RESISTANCE. STOP LOSS IS THE NECK LINE AT 1410.
IT HAS GOOD SUPPORT AT 359 AND (MULTIPLE) RESISTANCE AT 386. THE SUPPORT IS OBSERVED TO BE THE NECK LINE. FROM THE CHARTS IT APPEARS THAT THE STOCK MAY REACH 360 AND THEN REBOUND TO 370+ LEVELS IN THE COMING DAYS. WITH STOP LOSS PLACED 387, SHORT CAN BE DONE. BUYING CAN BE INITIATED AT 360 LEVELS WITH STOP LOSS OF 352. SWING TRADE OPPORTUNITY IS AVAILABLE AT...
ASIAN PAINTS CUP & HANDLE BREAK OUT. NEW TARGET 1690. SUPPORT AT 1514. STOP LOSS 1478. THERE IS A RESISTANCE AT 1532. LET IT CROSS THAT LEVEL.(OR) BUY NEAR SUPPORT KEEPING STOP LOSS.