Some H&S expert please help. Does this fit in H&S rules?
BEL can be sold part at 109.60 (CMP) & part at 113 for target of 95 closing SL above 119 #Bharat #Electronics #Nifty
ARVIND LONG TERM CALL BUY BETWEEN 48 - 50 (CMP - 51.50) TARGETS 70 & 82 SL CLOSE BELOW 36.50 (NOTE - THIS CALL WILL NEED A LOT OF PATIENCE SO ONLY PURE LONG TERM TRADERS CAN FOLLOW IT)
Have given a high risk buy call in EICHER MOTORS on my Twitter Handle (@TradeTechnicals). The view was; HIGH RISK TRADERS CAN BUY EICHER MOTORS BETWEEN CMP 15720 - 15550 FOR TARGETS 16700, 17000 & 17250 WITH PROTECTIVE SL BELOW 15000 ON CLOSING BASIS.
HIGH RISK CALL - BUY LICHSGFIN BETWEEN 400 - 403 TARGET 430, 440 & 460 STRICT CLOSING SL BELOW 384. NOTE - A CLOSE BELOW 384 WILL BE VERY NEGATIVE FOR THE STOCK.
BATAINDIA's rally seems to be exhausting. It can be sold for short term. SELL BATAINDIA BETWEEN 1570 - 1580 TARGET 1400 & 1250 CLOSING SL ABOVE 1662
TRADING CALL - BUY LARSEN & TOUBRO BETWEEN 1310 - 1320 TARGET 1380 - 1400 SL BELOW 1274
Have given a buy call yesterday on my Twitter ID (@TradeTechnicals). The view was; BAJAJ FINANCE is expected to trade with positive bias. A dip towards 3250 (Can buy partial at CMP (3275) too) can be bought for trading for targets of 3450 & 3520 with a protective SL of 3120 on closing basis.
TATASTEEL has given a good fall in prices after the breakout. The fall in price is currently halted & is seen consolidating. It has potential of a pullback towards the cradle as its in oversold zone. A throwback upto 410-430 range cannot be ruled out. Thus, traders can buy in the range of 335-347 for short term trading with a protective stop loss below 275....
Bajaj Finserv can be bought on dips between 6880 - 6930 for targets of 7500 & 7580 with a closing basis SL below 6575.
Maruti is resisting trendline. Some more downside cannot be ruled out. Thus, high risk traders can sell on rise upto 6200-6250 for short term targets of 5900, 5600 & 5450. A daily closing above 6470 will negate our view.
RELIANCE INDUSTRIES HAS GIVEN A BREAK BELOW SUPPORT OF 1225 & CAN NOW BE EXPECTED TO FILL THE GAP. HIGH RISK TRADERS CAN SELL WITH A PROTECTIVE SL ABOVE 1252 FOR TARGET OF 1175-1180.
Sell INFY between 794.50 - 799 for Targets of 760 & 730 With a protective closing basis SL above 812.
UPL is expected to trade with a positive bias in coming sessions. Though a good buying range will be 540 - 550. Expected targets are 600, 630, 655. A closing below 490 will negate our view. High risk traders can buy partial around 565-570.
HIGH RISK CALL - SELL NIFTY BETWEEN 10890 - 10900 TARGET 10830 SL ABOVE 10930
GOLD chart as it appears is a classic case of Symmetrical Triangle Breakout Up. It has given a breakout in the month of June 2019 & as per expectations is trading upwards since then. The volume at breakout was not significant but is slowly picking up pace. Though a throwback upto $1300 in short term cannot be ruled as the RSI & Stochastic have entered overbought...
HCLTECH can be bought for trading. Had given a Buy call yesterday on Twitter (@SureShotWinner) but could not update here due to some issue. It seems to be working well. The call was BUY HCLTECH AT 1093-95 TARGET 1190 SL BELOW 1040. Can again be bought on dips. Good for short term trading.
Britannia Industries is seen resisting 2730 & thus demands a cautious approach for those who are long on the counter. Though a close above 2730 will open way for targets of 2860, 3000 & 3100. But a failure to do so will result in downside targets of 2500, 2300 & 2200 in short term. Thus, high risk traders can even sell with a strict stop loss above 2775 on closing basis.