Long on Ambuja Cement with low of the candle as stop. Target 15% for m current levels.
Making of a morning star with good volume at the base line support indicating Long side for JyothyLab.
Take your first tranche of position (30%) and once it closes above Span B, take your final tranche of position (100%). R:R with first tranche is 1:1 but as we move to the final tranche of position R:R would improve and from there start trailing SL with 8% gap. As we achieve targets, exit 30%, 30% and 40% respectively.
sunpharma at the base line, if breaks baseline should be a short candidate.
NSE:SUPRAJIT Go long above 220 for target of 245.
As of now no view on the market until it breaks the marked range.
Weekly View: Nifty trying to cross 12000, seems like a hard task. It could not hold above 11980 for long enough and has formed Evening star like pattern, indicating bearish view ahead. Bearish view will be confirmed if 11840 is breached. Market breadth of Nifty 500 is slightly bearish at 40.
Index stock giving breakout of the cloud with Kumo turning green.
NSE:NIFTY Weekly View: Nifty has been bullish for past two weeks. It reached the blue zone, waiting for a trigger (probably some news or rumor) to break immediate resistance at 11980, if this resistance is sustained then it can reach 12120 zone. Market breadth of Nifty 500 is neutral at 60. Not expecting a big fall, but market may check the lows around 11640.
NSE:IFBIND Price above Kijun. Cloud in Green. Price breaks previous high.
NSE:BAYERCROP Price above Kijun Cloud greeen Time to go long.
NSE:GODREJCP Time to buy in cash for a reasonalble 12% target.