Escorts been in downtrend from last week , yesterday formed double bottom and gave some upward movement . Now if a trend break happens , we can go for buy side . 1324-1320 are major support level !!
Buy above 1346 , target 1368 - 1380 - 1400 , SL 1324
Sell below 1324 , target 1295-1290 , SL 1340
Banknifty today stayed volatile today , bears were attacking bulls the first half of the day but bulls showed their power and closed 320 points upper than the low of the day . Global indices are giving mixed signals , so be prepare for both sides .
Major resistance levels at 30780 - 30825 .
The indice is at Support , weak below 30580 .
Happy Trading !!
Hdfc consolidating between this channel from last week , can give breakout today or can go back to support .
Sell below 2300 , target 2270 - 2260 , SL 2310 .
Buy above 2310 , target 2335 - 2340 , SL 2300-2295 .
Happy Trading . Avoid fake breakouts , always wait till confirmations .
Amara raja stayed in the pennant for last whole week . Now , can give breakout tomorrow or this week , avoid fakeouts . Always wait till it retest and go up .
Buy above 940 , Target 957-960 . SL 931-932 .
Sell below 919 , Target 895-900 , SL 930
The level of 516 is a major resistamce of icici bank and stock reached it yesterday amd formed a doji on resistance indicating indecision , now wait till monday for market sentiments and see how market reacts . If breaks resistance then wait for retest and go for long and sell if market sentiments are negative below 512-513 .
Cipla's been in downtrend from last week , now it is mear its support .
Sell below 750 , target 743 - 740 , SL 753-755 .
Buy above 760 , target 765 - 770 - 775 , SL 748-750 .
Always wait for retest , if no retest is done , dont trade .
Happy TRADING .
Tata chemicals near its wedge resistance , now can either go upward or downward , we have to be ready for both .
Buy above 514 , target 521-525 , SL 510 .
Sell below 510 , target 505 , SL 514 .
Happy TRADING !!
The stock's been in uptrend from last 2 weeks , now trading near its resistance .
Buy above 3215 with target of 3285-3290 , SL 3195
Sell below 3180 with target of 3135-3130 , SL 3195-3200
Happy TRADING !!
TCS has been showing some strength from last week by breaking resistance , now looking for some major move upward if the market favours .
Buy above 2798 - 2800 , target1 = 2825 target2 = 2840 , SL 2775
Happy TRADING !!
Double bottom and retesting the resistance , buy above yesterday's high at 2565 with target of 2630-2635
If the market volatility curbs the trend and rsi bearish divergence works , then
Sell below 2490 , target 2415-2405 , SL 2510
Coforge price action shows that price broke resistance , retested it and now forming double bottom !!
Go for a BUY above 2515 , safe traders can enter above yesterday's high for a target of 2630-2635 , SL 2490
If the rsi divergence and the market volatility curbs the trend then ,
Sell below 2487 , target 2415 - 2400
Banknifty today moved in parallel channel , as tomorroa is expiry , the market would be volatile . So trade carefully . Good buy if it reverses from 30600 . It would have a range of 30420 - 30920 , if it breaks the the channel then , it can reach the levels of 31150 - 31200 on the upside and 30000 - 29950 on downside .
Happy trading .