Reliance capital finding support around 525-540 zone & high chancees are for reversal. Trendlines & support line merged at this zone. Fibonacci retracement level & Stochastic level (oversold) also supporting the bounce. Future can also be added in view of a 7-10 days.
Level to enter=528- 538 but can enter at cmp also....
Target 574, 585 & more
SL 521
keep strict...
For short to medium term auro pharma may start paining as per weekly chart..RSI facing tough resistance in 3 years trendline. Also price action candle shows long pin head doji at top....Volume is also red
Target of 700-710 in 1-2 week..if closes above 760, please exit
A long pinhead hammer at top in weekly chart shows over supply in region 215-220...Also RSI denying price action trend...
Target of 205-200 ...sl of 223
Tata Motors will go on straight to 484 if crosses important resistance of 460....may come to 445-450 level also..can accumulate at this level also....SL to be maintained as 438
Bhel is now facing a strong resistance @142-143 zone. I feel that it should once come to 138-140 level to regain it strength to surpass this zone fro target of 160...Can accumulate at this level also..
BOI stucked in zone...If crosses & close above 148, next target is 152 and if crosses that too..it will go to 160...MACD also likely to cross zero line, RSI may come again to touch mid line @50 but surely bounce from 141-145 level..
