LARSEN & TOUBRO TECHNICAL VIEW showing a BEARISH trend, But Fundamentally it's cheap stock to BUY for the long term. 1607 STRONG RESISTANCE. 1334 STRONG SUPPORT.
TITAN COMPANY LTD Technically BULLISH since MAy 19 2020. Technically view: And it's rejected 3 times to breaks 1588 level on 6th JAN, 10th FEB, 1st Apr 2021. if breaks then 1621 is another RESISTANCE 2 it must be sustained above 1621 level to continue BULLISH trend or else go for SHORT 1621 will become our STOP LOSS. Fundamentally it's also Expensive...
Note: These Targets are for only POSITIONAL TRADERS AND LONG TERM INVESTORS.
TATA STEEL LTD CMP: 899 As per Elliott WAVE, it looks like we completed impulse 5 wave structure, then we are entred to Corrective wave ABC pattern.
note: These targets are for positional traders not for intraday traders. For BULLISH below are the strong support levels 72.28 Support 1 72.11 Support 2 --------------------------------- For BEARISH (72.28-72.11) will become RESISTANCE levels IF BREAK these levels, and below are the TARGET levels. 71.11 Target 1 70.62 Target 2
FUNDAMENTALLY it's a good stock to hold for the long term, But it's not the right time to BUY because based on P/E 61.81 (Below 24 is safe) it's highly expensive. Technically it's BULLISH since it SUPPORT from 563 LEVEL. 30th March 2020 This UPTREND is continued. on 12th FEB 2021 Rejected from 654 LEVEL become RESISTANCE LEVEL. 654 RESISTANCE STOP LOSS for...
FUNDAMENTALLY it's a good stock to hold for the long term, But this it's not the right time to BUY because based on P/E 79 (Below 24 is safe) it's highly expensive. Technically also BEARISH since it's rejected from 18816 RESISTANCE LEVEL. 8th FEB 2018 This UPTREND is continued. on DEC 23rd/24th/28th Rejected from 18816 LEVEL become RESISTANCE LEVEL. 18816...
3228 RESISTANCE LEVEL. 2735 STOP LOSS based on SUPPORT LINE. 2800 STOP LOSS based on 200EMA LINE. . TECHNICALLY its BULLISH view because of trading above 200EMS on 4Hrs timeframe. Since 19th OCT 2020. FUNDAMENTALLY not recommended for Long term holding because now P/E ratio is 193.30 below (24 P/E) safe. So it's a highly expensive stock for long-term investors.
200EMA below price is trading so it's an indication of Bearish trend confirmation. 6751 is 1st Key SUPPORT 1 if Breaks this Level, and SUPPORT 2 level 6236 is 1st target.
ASIAN PAINTS LTD Cup and handle chart pattern formation happening, So BULLISH view can be expected. STOP LOSS 2443 for LONG positions, Strong BEARISH can be expected if BELOW 2265 level breaks.
HINDUSTAN UNILEVER Note: without BREAKOUT it will be considered as a NEUTRAL, Or else Based on BREAKOUT SUPPORT/RESISTANCE LEVEL go for SHORT/LONG. These LEVELS targets only for long-term investors.POSITIONAL traders not for INTRADAY traders.