Tarun-Kumar

Tarun-Kumar

HINDALCO has closed near to supply Zone. Its CMP IS 129.50 and have strong resistance at 130 There is a supply zone at 129.75 up to 132.50. Hence, It seems to be a good for long when CMP is above 132.5 for target near to 137.

Tarun-Kumar

CENTURYTEX is trading close to TL breakout. Below 267.00 can move to 260

Tarun-Kumar

PIRAMAL ENTERPRISE (NSE:PEL) : PEL (CMP 904.65) is near to break ST at 897 on down side and if crosses below 897 can move up to T1- 880 & T2 870.However, if Bull will take charge then it would be good on Buying side when CMP is above 914 for T1-924 & T2-938.

Tarun-Kumar

Indraprastha Gas is forming H & S pattern. It is good on buying side for CMP above 485 for T1 489 and T2 500 but if Neck breakes on Trend line at 467 then for Selling side T1 will be 460 & T2 will be 450

Tarun-Kumar

AUROPHARMA look good on buying side when CMP is above 685 for Target 700 and for Selling side, it looks good when CMP is blow 618 for target 600.

Tarun-Kumar

BHARTIARTL has strong support at 531 where it closed for today. It is showing downtrend in consecutive last 3 hrs in hourly time stamp. It would be good for Selling side when CMP is below 528 for target 520. However, if Bull will take charge then it would be good on Buying side when CMP is above 540 for Target 550.

Tarun-Kumar

EMAMILTD has closed near to trend line and forming Symmetrical Triangle and can have BO or BD on either side. Its CMP IS 194.9 and have strong resistance at T1-200 & T2-204 for buying side and support at T1- 190 & T2- 184 on selling side.

Tarun-Kumar

Marico has closed near to trend line and forming Symetrical Triangle .Its CMP IS 287 and have strong resistance at 292.85 and support at 284.30.Theare is a demand zone at 284.30 upto 283.40 and supply zone at 292.85 upto 294.10.Hence, It seems to be a good for short when CMP is below 283 for target near to 275 and long when CMP is above 294.5 for target near to 298.

Tarun-Kumar

Marico has closed near to lower trend line.Its CMP IS 287 and have strong resistance which turns now support at 284.30.Theare is a demand zone at 284.30 upto 283.40.Hence, It seems to be a good for short when CMP is below 283 for target near to 275.