ONGC has formed cup & Handle in one hour chart Go long above - 192.50 T1 - 197.10 T2 - 203.85 SL - 187.80
IOC has formed bearish engulfing pattern in day chart. One can short IOC below 410 T1 - 401 T2 - 384 SL - 427
NSE:ONGC has reversed from its resistance and breaking below the trend line will take it to 150 levels. One can short it below 168.80 T1 - 154.55 T2 - 128.80 SL - Will update once the trade gets active.
NSE:OFSS after a stellar rally showing some signs of weakness with RSI in over bought range One can short it below 4055 T1 - 3891.10 T2 - 3807.80 SL - 4177.20
One can go long above 396.70 T1 411.50 T2 - 430.90 SL 375.60
NSE:CAPF has formed inverted H&S pattern. Go long above 687.50 T1 695.50 T2 - 704.30 SL - 677.20
NSE:INFRATEL is consolidating at its 6 months support range. Airtel has already reversed and infratel is yet to reverse. This gives us the opportunity to catch the upmove in infratel. Go long above 389.40 T1 - 425.60 T2 - 459.80 SL - 363.60
NSE:BAJFINANCE has formed hammer bar near its support line. It looks like the reversal is on the cards. Go long above 1702.60 T1 - 1760.60 T2 - 1843.10 SL - 1617.40
NSE:WOCKPHARMA has formed cup and handle pattern with recent surge in volume. Go long above 768.20 T1 - 814.30 T2 - 869.20 SL - 715.80
NSE:HINDUNILVR has formed Symmetric triangle and one go long upon break out. Go long above 1283.10 T1 - 1350 T2 - 1410.90 Sl - 1247.50
NSE:M_M is forming inverted H&S and upon breakout one can go long Go long above 1413.50 T1 1508.20 T2 - 1587.80 Sl - 1366.10
NSE:SRF has formed cup & Handle pattern. One can long above 1912.30 Target 1 - 2116.60 Target 2 - 2332 SL - 1748.35
NSE:CASTROLIND has formed bearish bat and one can short it below 416.90 T1 - 403.40 T2 - 395.20 SL - 432
NSE:IDFC has formed symmetric triangle one can go long on break out. Go long above 63.80 T1 - 65.80 T2 - 67.90 Sl - 61.10
NSE:ICIL has formed bullish bat. Go long above 115.50 T1 - 119.20 T2 - 123.60 SL - 110.80 Note - XD ratio is not a perfect match. Hence its a imperfect one.
NSE:TATACOMM has formed Symmetric triangle Go long above 723.75 T1 - 747.20 T2 - 775.40 SL - 693.10
NSE:IRB has formed bullish harmonic pattern. Go long above 210.80 T1 - 216.20 T2 - 229.67 SL - 199.20
NSE:HCLTECH has formed a imperfect beairsh Bat. Short it below 864 T1 855.70 T2 - 845.80 Sl - 876.30