HDFCLIFE has overlapping demand zones as shown in the charts. Buy at 442 with a stop loss at 412. Initial target will be at 500. Note: As the zone is huge one can buy 50% at 442 and 50% at 427. Long term investors can accumulate some quantity at the demand zone.
Indian Hotels has overlapping support zones across multiple time frames as shown. Buy, Stop Loss and Target levels are indicated in the charts Buy @ 122, Stop Loss @ 115 and Target @ 143. Keep trailing stop loss to cover your profits. Risk: Medium Always trade with the trend.
M&M FIN has broken out of a trading range with increasing and above average volumes. Medium term trend on daily charts has turned positive. Wait for the stock to dip to the daily demand zones shown in the charts to buy (buy in tranches). Place stop loss below the weekly demand zones. Keep trailing your stop loss to protect profits .
ACC has weekly and daily demand zone within a monthly demand zone. Buy, Stop Loss and Target levels are indicated in the charts Buy @ 1255, Stop Loss @ 1165 and Target 1 @ 1435. Keep trailing stop loss to cover your profits. Target 2 @ 1520. Risk: Medium Never trade with borrowed capital.
Slowly moving toward a demand zone. Buy the stock at 545 with a stop loss of 531. Target will be at 575. Risk: Medium Note: Long term investors can accumulate some quantity at 545 levels. Cut your losses and ride your profits.
DABUR has overlapping demand zones as shown in the charts. Buy at 347 with a stop loss at 332. Note: Stop loss is kept at 332 as there are many smaller time frame demand zones till 332.
Cipla is in an uptrend and has formed a good demand zone around 604 levels. The stock also has recently formed a large supply zone as shown in the charts. Buy the stock at 605 with a stop loss at 592. Hold for an initial target of 625.3. If the stock reacts down from the Daily supply zone before the buy is triggered then target can be revised to 645. Keep...
M&M is in an uptrend for a long time. The stock has broken out of a tight trading range and looks ready for an upmove. Stock has overlapping demand zones around 912 on multiple smaller time-frames. Buy at 914.3 with a stop loss of 902. Target will be around 940. Risk: Low Keep trailing stop loss to protect your profits.
The stock has been trading in a range and has been relatively steady in a downward market. Stock can be accumulated at current levels with a stop loss around 590. The stock could potentially move up from current levels when markets turn favorable.
Apollo Tyres has strong support zone around 258 levels on longer time frame charts. Buy, Stop Loss and Target levels are indicated in the charts If Target 1 is achieved move trailing Stop Loss to 270. Risk: High. Trade at your own risk. Keep strict stop loss.