Reliance is at near all time high and have retraced from these level twice before and expected to give a third and shorter fall before breaking through.
1 hour demand zone from Dec 2016 with entry @ 79.6, SL @ 78.5 and open target got active now. Gave profit of 2.6 rs today itself (high of 82.2) and running. Will accumulate more if it goes down again.
Buy LT foods with small SL and target to double the investment in few months
As per my demand supply analysis, DHFL will bounce from around 1400 after this steep fall.
Positional Buy @ 72.3 SL 70.9 Target 85 RR > 8
Very good long entry which is near the weekly SR line (yellow colored line in my chart) and good demand zone as confirmed by the spike today from that zone.
Hindalco has been in the channel for long, and also has been testing resistance at 202. If it closes above 202 on daily basis then it can very well go to 220-225. If it fails to break 202 then it's going to drop again to 190 odd level after touching 202.
Short justdial as it broke long term daily SR of 519-522
Its reaching very old weekly supply zone , and we have a 30 min SZ within it. Even if we put SL above weekly SZ we have very good RR possibility here.