abhishekm83

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Markets Allocation
100 % stocks
Top Mentioned Symbols
BALRAMCHIN 12% | 1 INDIANB 12% | 1 INDUSINDBK 12% | 1 WIPRO 12% | 1
30 0 2
BALRAMCHIN, D Long
Bullying its way up!

All on the chart.

19 0 0
INDUSINDBK, D Short
Returning back to pavilion ?

All on the chart.

abhishekm83 abhishekm83 STAR, 60, Short ,
123 0 4
STAR, 60 Short
STAR has found its limit ;)

All on the chart

37 0 0
TATACOMM, D Long
At good support

The Price is at importance support zone, It should bounce from it. If bounced from the support one can go long for a target of 700 with SL of 667. If it breaches the support then we have another support zone around 645. So One can go short if it breaches the 667 for the target of 645 and SL of 676.

abhishekm83 abhishekm83 INDIANB, W, Short ,
53 0 3
INDIANB, W Short
Breaking down below Channel support

The Price is moving in a channel, though from last few weeks it has been bearish and doesn't seem to have enough strength to bounce back from the channel support. I would go short if price closes below 270 for a target of 255. I would go long If the stock closes above 290.

abhishekm83 abhishekm83 WIPRO, 60, Long ,
23 0 3
WIPRO, 60 Long
Wipro taking support on the trendline

Wipro bounced from the trending support line and moving up. It can go till next resistance and we may book some profit before that. One may initiate a long position at CMP~475. SL 472 Target-1 480.02 Target-2 484.16 Risk Reward ratio is also good here.

abhishekm83 abhishekm83 ITC, D, Long ,
33 4 2
ITC, D Long
ITC Reaching at next resistance

In Daily Chart it is visible that ITC has bounced from the double bottom and now moving towards the resistance of 259-260. If it breaks that then it may move further up till second resistance @ 265. One can go Long on ITC for the target of 259 and SL of 254. https://in.tradingview.com/x/hzHN6OxJ/

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