strong pullback from support level suggest that a good rally in place . can buy on dips from the 505 level or the break of 515 with the mentioned target as follows 1st tgt 525-526 , 2nd tgt 543-545 level and the final tgt of 560 -565 . which i m expecting in month of November . this looks achievable as long as its above 502 on the closing basis .
coal India looking good in this bleeding market scenario with that volume on last Friday the bulls have charged and struggled to get a positive closing. we can initiate a long position from 255 with the targets as follows 1st tgt 265 , 2nd tgt 270 look like will reach our 2nd target by end of the coming week.
great opportunity for sbi to make new high for this year we have strong resistance at historical fib level if able to break targets can be set as 296.25,313.45,326-330 after reaching targets we can see the correction . the historical fib level can be the place of indecision which can delay the breakout or start of a correction
india cements had a great performance this year so far and i see potential for a future growth also but after making two high i think its time for some correction in indiacements expecting bearish centiments for coming days with a 40 rs correction and then a bull with tgt 222 and 250 buying opportunity from the level of 160 . sell on the break and close below ...