NSE:SUNPHARMA facing strong resistance between 590-600 zone..... one can go short ....
NSE:RBLBANK ...looks good ...one can buy half qty around 565 with strict stoploss of 530 as it may reverse from here ......but once it closes above 600 add other half ....sky is the limit....watch out
NSE:SBIN is coming down from 280 which is its weekly resistance and closed below its daily support of 260 ......looks like it will come down to 240 which is its monthly support.....will will look to short next week.
NSE:BAJAJ_AUTO will be a good buy around 2750 ...sl 2690 from immidiate trgt 2900 and then more....
NSE:ONGC is trading around its 52 week low and trend is down .....i will look to short if it closes below 155 sl 160
NSE:UPL is trading around its support of 688-685.....if it breaks then 620 is coming soon...
NSE:NIFTY i will short nifty around 10900 sl 10950............... contra trend trade...........trade with light position
NSE:INDUSINDBK has broken out from its range of 1600-1800 and is sustaining.....so i will buy around 1900 for trgt 2100 sl 1820 ....
NSE:ONGC has printed a bearish pinbar around its resistance of 175 and also 50DEMA crossed 200DEMA so double confirmation that price is likely to so south... Trade with strict stoploss of 180..... i will look to short in future tmorrow and will update here
NSE:IBULHSGFIN closed just below its support of 1140... may go down to 1050
NSE:HINDPETRO has printed a bearish pinbar in its resistance zone......i will look to short around 322 tomorrow..
NSE:HCLTECH is a good candidate for positional long (1-2 months) as it is trading around its 200DEMA ...so a good entry for positional/trend traders
NSE:YESBANK has printed a bullish pinbar near its support of 342 ....it is a positional buy (1-2 weeks) for trgt of 365 with stoploss 338
NSE:SUNPHARMA has printed a bearish pinbar today and failed to close above its 50DEMA since last 3 days... to me it looks week .....will go short tomorrow
NSE:M_MFIN has printed a bearish pin bar and looks like it will retrace before giving a breakout.......will look to short tomorrow
NSE:LUPIN has printed a bearish pinbar around its near term resistance of 820.....i will look to short tomorrow for trgt 790
NSE:TECHM has printed a nice bearish pinbar around its life time high......high chance of reversal ...tomorrow i will look to short.......contra trend trade..... risk is high....only trade with light position
NSE:TCS has printed a bearish pinbar around its resistance of 3180 ..... so i will look to short tomorrow......but this trade is very high risk as tomorrow is the earnings announcement date after market hours..... but reward will also be high if it goes in your favour ....as per my view if 3100 broken it may move below 3000 also. "DARRR KE AAGE JEET HAI" ;)