SureShotWInner

SureShotWInner Updated 

HIGH RISK CALL - Buy SBIN between 276 - 272 for targets of 300 - 310 with protective SL below 257

SureShotWInner

Silver is giving a good run up after breakout in July 2019 & is expected to continue this bullish trend in long term but a throwback cannot be ruled out in short term as both RSI & Stochastic are in overbought zone & can turn bearish soon as can be seen in the chart. On the upside $18.21 can act as an immediate resistance followed by $18.64 & $18.99. Thus, for...

SureShotWInner

TATAMOTORS had given a symmetrical triangle breakout down in Feb 2018 & is trading in a bearish trend since breaking out. Today we have seen a 9% downwards move. But at these levels shorting fresh might seem very risky, so what can we expect from here? If Technical Analysis is to be believed then there's more downside left in TATAMOTORS. Expected Target in Long...

SureShotWInner

HCLTECH can resist 1097 thus those who are long can book profits or trail SLs in the money. Fresh buying can be done if we get closing above 1097. High risk traders can even sell with a protective SL above 1104 for targets of 1050-40. Trading Supports - 1050, 1030 & 1000 Trading Resistance - 1097 (Closing Basis), 1104, 1120 & 1150

SureShotWInner

AXIS BANK: After the trendline breakout in July the stock has given a good downward movement & has clearly taken a support around 61.80% Fibo Retracement. I expect this pullback to continue this week & the stock will try to fill the gap. Thus, a pullback upto 700 – 708 range can be expected. But in my view this might be a Dead Cat Bounce (DCB) & soon we might see...

SureShotWInner

NIFTY seems to have given a breakout and can be sold on pullback. Though a good pullback can be expected upto 11500 - 11600 but it can again be sold on rise for medium term for a target of 10000. A protective stop loss will be 11810 on closing basis. So wait for a pullback and sell. High risk traders might even short some (20%) around 11300. I'm in a learning...

SureShotWInner

Though I'm just learning but this seems to be a Flag Breakout and we can buy at market or on some dips upto 70.30 for medium to long term targets of 75, 78 & 80 with a closing basis stop loss below 68. If I'm mistaken then please do correct me as I'm always open to learning the technical patterns and concepts. Thank you.