Traderanit

Traderanit Updated 

#PVR is trading at its 4-year low price which signifies the strength of its weakness. In a 3H chart RSI(15) is going up touching the threshold of 50 which can be an opportunity to sell on the rise but we will go short once it touches 867 with SL@1231. Position sizing: 18k/lot

Traderanit

In a daily chart #Mindtree is in the bullish zone whereas the whole market is in the bear mood. One can go long at 928 which is a mild resistance. The current support is at 721 with strong resistance at 1018 levels. The profit potential of 9.7% in a very short span of time. Maintainance of strict position sizing is mandated, invest 10k for 1 unit of Mindtree. NSE:MINDTREE

Traderanit

In the #SBIN HA chart, we can see that it has made a low at 173.55 on 24th March 2020 and recently it breaks its low on 8th May with a low price of 166.10 but at the same time we can see, though the price is in downtrend yet the RSI(15) is in an uptrend which clearly signifies that SBIN might be bottom out in near time. One can wait for the Closing Price > 176 on...