Apollo Tyre has given breakout today, one can buy @260 closing basis for target of 265, 270, 273. SL- 254.
BOI gave break out and the same level was retested today, one can buy Bank of India for target of 170 SL can be placed at 147.
Finally HINDALCO has given validated breakout on weekly & monthly charts, one can buy for target of 250 SL 205. This is positional target it may happen on august month.
MCX One can go long for target of 1150, 1180. If breaks down can target 1050, 1020.
One can short LICHSGFIN for target of 690, 680 & 700 on rallies till 750. Stop loss can be 755-760.
Nifty shows divergence on charts; one can use dips till 9970 and target 10100 again for the next week. Below 9970 this set up is failure. Have good trade
PTC has given multiyear breakout with Cup & Handle pattern on monthly chart; one can invest for potential returns. On daily it was given breakout with huge volume. Previous life high can be minimum target.
On hourly chart found RSI divergence and verge of breaking the resistance. One can buy ESCORTS above 658 for target of 677 & 690.
BHARTIARTL has made bearish gartley pattern on weekly charts. One can short for target of 400, 390, 380. SL 430.
V Gaurd has given strong breakout on daily charts, now this stock can be bought on dips for targeting the upper Gap. SL shall be today's low.
One can buy ANDHRABANK for target of 80 & 100 and stop loss can be placed at 50. The above views are personal and educational purpose.
TATAELXSI has retested it's previous breakout and it's expected to move higher from that support, One can go long for target of 1750. SL 1650.
RELCAPITAL has made double top on daily charts, one can short for 630, 620. SL 660.
L&T has made raising wedge pattern and gave breakdown, one can short for target of 1150 SL 1190.
NIFTY is all set to touch 10000 by next week possibly, right now it is under consolidation and choppy. As soon as breaking 9930 can bring more up moves towards 10K level. Let us hope for the best.
Buy on dips till 120 for target of 124, 126 & 128. SL 118.