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TCS trading near weekly VWAP and VPOC of 2250. Stock is osillating between the value area of 2275-2245 since few days. Stock noticing selling pressure at higher levels near 2295. Move from 2220 to 2295 happened with high volume but the following selling notices lower volume. Stock has broken out above the falling trendline (blue line). Last two days, gap up...

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After a dream run, metal index showing first signs of exhaustion and TataSteel may lead the fall from front. Below VAL of 420 stock looks good to short on positional basis with hedging.

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Today VA low and HVN low 11415 acted as support and Nifty bounced. VPOC 11434 will act as the immediate LOC in Nifty future. Breakdown below value area of 11415 will open up targets for 11377/11288/11111. Potential targets looks very fancy. Any short position traded basis this view will have the SL of 11475-11495 (as convinient). At the same time breakout above...

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#HindUnilever #RangeBreakoutTrade Chart is self explanatory. Last two daily candles noticed very high volume. If todays low 2200 is broken, then stock may test 2100 levels. Breaking out above 2255 it will head towards 2300/2325/2350. Wait for a range break out before entering trade.

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#AdaniPorts is trading near its most crucial level and the strongest demand zones. CMP=357.6. 355 is multi month strongest support level. 345 is 50 monthly moving average. 349.7 is 200 WEMA. On daily chart it has made doji today near the support zone of 355. Adding it to buying radar. One can play it with bullish option spreads. R:R is high at current levels....

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#ICICIBank notices #NR7IB in weekly scale (H=549.35, L=536). Volatility contraction with #NR7IB formation suggests some gigantic move is on offering in coming weeks at least 7-10% on either sides. Structurally this is the only banking stock which looks good as compared to all other peers. There is significant drop in volumes in recent weeks. Will positionally...

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In last session, #IndusIndBk was seeing nice buying interest in a falling market. This could be short covering too. On weekly candle it has formed a Doji. Is a good short covering candidate with target of 1206/1220/1240/1260. Weekly volumes are 2nd highest in last 4 years and double of the 20EMA volume. Possibly stock has made a near term bottom and may recover a...

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#UPL on verge of a breakout and looks good for a swing long. Will consider adding long on next session if it trades higher with a #SL 551. Target open (TSL).

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#ICICIBank looking good to short with a SL of 550 DCB for a target of 515-500.

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Trading above 602 #HCLTech can give interesting move on upside. Probably it will head towards fresh ATH.

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#HDFCBank weekly chart looks horrible. Has formed #BearishBeltHold and #BearishEngulphing patterns on weekly scale. Now its trading below 50 DEMA. Below 1228 it can crack another 40/80 points. #Warning

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#JustDial looking good for a swing long target of 655/677 positionally. SL - 580 on closing basis.

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Titan is long pending for a gap fil. Stock has given breakout. Looks set to move higher for a target of 1280. Closing SL # 1262

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#MuthootFin looks good to short for a target of 730/700 with a SL of 780 on DCB.

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#TCS below looks good to short for a target of 2167/2149/2117 with a closing SL of 2215

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#AdaniPorts looks good for a swing long with SL of 375 for a target of 394/415. Stock has given 200 DEMA breakout and consolidating near that. One may think of hedging it with a bear ratio spread for safety and sell 400 CE against it.

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Just like last month #IBULHSGFIN is getting ready to trap shorters again near this expiry. As usual there is good amount of short in the counter, and stock has broken out with volume. Shorters will now cover their stocks pushing it higher. Good time to create a bull call ladder +1X 320 CE, -1X 330 CE, -1X 340 CE

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#Marico has given a fresh breakout near its demand zone of 330. Stock can revisit 347/353/358 levels soon. #Positional #Long