UnknownUnicorn4260559

UnknownUnicorn4260559

Buy Bosch Ltd below 14900 stop loss 14200 (hourly closing) target 16300-16600 It is trading in perfect downward sloping parallel channel. 26 week RSI has shown upside cross over. Daily RSI and MACD are showing positive momentum to continue for some more time. Logg scale resistance of falling trend line is at 16200-16400. We are bullish only for very short term...

UnknownUnicorn4260559

Nifty has closed above multiple resistance of 11700-11720 which will now act as a support and can be used to initiate buy position (can buy call) with stop loss below 11550 (hourly closing) for target of 12060 (161.8% retracement of recent minor correction)-12110 (previous top). Schiff pitchfork's resistance has been broken twice and now index is trading above it...

UnknownUnicorn4260559

BHEL has started trading around 1998-99 and then found multiple resistance at 40-46 zone. Green trendline ( weaker one as only 2 supports has formed within 1 year time) also show support at 40-42 level. Weight of evidence is still not suggesting any buying at this moment but short term bounce can't be ruled from this important zone.

UnknownUnicorn4260559

Tata motor has already achieved target of double top (55% below 265 level). Now we are seeing bullish divergence on weekly RSI which is diverging from price. Counter had respected falling trendline (green) at 140 level on logarithmic scale chart . Arithmetic had given upside breakout and now prices are taking support on the same trendline when counter bounced with...

UnknownUnicorn4260559 Updated 

Intraday Buy Nifty at CMp 10800 sl 10775 TGT 10840. Positional :Sell Nifty on rise at 10840-10880 Sl 10950 TGT 10585 For live updates visit our tiwtter handle : TradeTechX

UnknownUnicorn4260559

Sell on 1 hour trading below 405 for target 385 with stop loss above 418. Buy in dip at 387-385 with sl below 370 for target 485

UnknownUnicorn4260559

Buy TCS in dip at 2220 sl 2190 TGT 2350. Long term bullish till the time it is holding 2100 on closing basis . Can touch 2450 also.

UnknownUnicorn4260559

As told in our last post to look for 10800-10850 in coming 30 sessions, we already saw it on Friday when Nifty posted low of 10848.85 What's next ? Connect to our Twitter handle "TradeTechX" to know more . Whatever we publish is for educational purpose. Taking decision to trade based on our view is solely at your discretion. We just publish material to make...

UnknownUnicorn4260559

Reliance Ind is having support at 1186-1190 zone. If counter touches this level and bounces back abv 1205 then it can be bought with stop loss of low for target 1240-1260. We are more active on our twitter handle 'tradetech5'. You can connect us there for real time market update

UnknownUnicorn4260559

Global and Indian economy are in doldrums. US economic data have improved but GDP growth in Q2 is expected to fall in between 1.3-1 8% on annualised basis from 1st qtr growth rate of 3.3%. Core capital goods and jobless claims reading for June have improved.Trade deficit has narrowed on account of fall in both import and export. FED is expected to reduce rate by...

UnknownUnicorn4260559 Updated 

We'll buy Nifty at CMP spot 11350 sl 11300 for TGT 11465-11490 CCI : + Diergence Trendline : At support BB : At (-) 2 SD. Hourly RSI : (+) divergence

UnknownUnicorn4260559

Nifty has formed H&S on daily chart. After the breakout , index has again come to touch Neckline. Daily close abv 11750 would negate the view. We had drawn 2 support lines as we were cluelesss that from which line index will take support. It has taken support from the steeper trend line. Let's see what happen in coming days. 11735 is BB mid line...

UnknownUnicorn4260559 Updated 

We have bought DHFL. Buy DHFL at 74.50 sl 68 closing TGT 96-110

UnknownUnicorn4260559 Updated 

Buy DHFL at opening and in dip at 80.50 SL 75 TGT 96 - 110 Volume breakout from falling trendline + Inverted H&S breakout. RSI and CCI are in positive zone.

UnknownUnicorn4260559 Updated 

Buy Take Solution at 124-123 sl 117.80 TGT 133 -137-156 Counter has made bottom near previous low of 117.95 and then saw buying volume . Scrip was making inside days after posting a green candle. After 5 inside days counter witnessed volume activity and close 2nd last inside candle's high. RSI & CCI has given positive cross over. Range of 117-158 should continue...

UnknownUnicorn4260559 Updated 

Rallis has bounced support of 140 (pink line). Today's volume was good. Buy in dip @ at 150.50-149 SL 138 (daily closing ) and hold for 180-190 zone. RSI and CCI are showing crossover on daily chart.

UnknownUnicorn4260559 Updated 

Tata Power looks bullish 69 (daily con close above 75. Volume in upmove is good after posting double bottom. Above 75 next 1st target would be 85 with sl below 68 (closing) RSI and CCI are showing positive moementum

UnknownUnicorn4260559 Updated 

Sell CESC on rise at 790 & 798 SL 86 TGT 770-750. Negative divergence on RSI chart with today's candle closing making Doji candle with long wick on upside is confirming the bearish bias. Volume on today's candle is very high. 806-811 is supply zone which is portrayed through pink line.