Long Colpal for a target of 1100. Stop below 965 on closing basis. Indicators are positive.
Respecting downward trendline. RSI reversed.
After sustained selling pressure from 3800+ in last few days, formed a Bullish Harami today. RSI rebounded from around 20 levels. 3100 has been a strong support since last few months. Can be longed for an immediate target to 3600 in next few sessions.
Breaking down from upward channel. May fill the gap partially.
Breached the wedge pattern, took support at 75-76 and now back into the wedge. Sell puts of strike 75/80. Stop Loss at 74
Reversal from trendline. RSI bearish. Target 1006
Maruti has been moving in an upward channel. Hit the higher end and is not being able to sustain at 5620 levels. RSI is overbought. If we see reversal from these levels, writing 5600 calls (October expiry) is a good trade. Time correction will also help the position.