hcltech is on the verge of breaking last 2 sessions descending channel with decrease in OI, that suggests short covering. Could be bought with mentioned stoploss & target for intraday. Note:- those who dont trade in fut can adjust rates with future price & option traders can buy 1130 ce with future's stoploss
Banknifty is trading in inside descending triangle pattern from past 3 sessions, also trading inside today's 1st 15 min candle & trading inside last2last week's candle. Either side breakout could b good buy/sell opportunity upper & lower trendline as stoploss & mentioned target.
MCDOWELL broke out of cup n handle pattern on hourly chart & about to break triangle pattern(above 780) on daily chart. Could be bought with mentioned short/longterm targets & stoplosses.
godrejcp fut is on the verge of breaking out of rounding bottom formation pattern on an hourly charts. Could be bought here or on breakot above 1272 with mentioned stoploss & target,
buy nifty 750 ce @ 8 buy nifty 650 pe @ 8 combined premium = 16 stoploss 0 target open EOD
INDIGO broke out of triangle pattern on an hourly charts with good volumes. Could be bought with mentioned stoploss & target.
hdfc fut made bullish butterfly pattern & trading above breakout level of 2648.20 on an hourly TF . Could be bought with mentioned stoploss & target.
Jindal steel fut break out of triangle pattern with good OI on an hourly TF. Could be bought with mentioned stoploss & target.
JUBFOOD FUT broke above ascending triangle patter on an hourly chart with decent OI. Could be bought with mentioned stoploss & target.
CHOLAFIN FUT is on the verge of breaking out of triangle pattern on an hourly chart. Could be bought here or above breakout (1052) with mentioned stoploss & target.
INTELLECTbroke of flag n pole pattern on an hourly chart with decent volumes. Could be bought with mentioned stoploss & target.
LT broke past previous swing high with decent volumes. Could be bought with mentioned stoploss & target.
SUNPHARMA made rounding bottom formation pattern on daily charts (which confirms breakout above 993) with good volumes. Not to be missed breakout as its R:R ratio is very good. Could be bought with mentioned stoploss & target.
DABUR out of triangle pattern on daily charts yesterday & today it broke above rounding bottom pattern on hourly charts with good volumes. Could be bought with mentioned stoploss & target.
PEL on the verge of breaking out of triangle pattern on an hourly chart with good volumes. Could be bought with mentioned stoplos & target.
Polycab made inverted head & shoulder pattern on an hourly chart with good volumes. Could be bought here or on breaking above neckline 3450. With mentioned stoploss & target.
DEEPAKNTR fut is about to break above triangle pattern on WEEKLY charts with OI building gradually. Could buy above 2099 with mentioned stoploss & targets. Not to be missed breakout for bigger targets with very good Risk:Reward Ratio.
MFSL made rounding bottom formation pattern on daily charts with good volumes. Not to be missed breakout with very good Risk:Reward Ratio. Could be bought with mentioned stoploss & target.