About meI am still learning about Indian stock market and happy to share whatever knowledge i have gained so far so that people can learn. All my charts are for learning purpose only so trade as per your own discretion
WOCKPHARMA looks like reversing from its support zone
Long close above 429 for 449 and 469
or if it retraces towards 409-405 then long with SL 389 (CBS)
Please follow the Fib levels for more details and levels
looks like good entry for cash-positional
Pharma sector too looks positive
INDUSINDBANK is following the fib levels.
close above 1525 will take it to 1548 and then 1576
1490 is a good support level
Option Play- Long 1520 call and short 1560 call ( March Series)
RSI close above 58 is more positive
Reliance looking good to buy above 1101 for 1109, 1116 and 1124
Good Support seen around 1075 1080 levels
Follow the Fib levels for more details
If its sustain above 1135 then 1148 and 1172 also possible around results this month
Bajaj Finance is showing good volume from last 3 days and has reversed from its low till 38% Fib ratio.
Buy above 2321 to 2325 range for 2400, 2450 and above as per Fib levels
Immediate SL = 2219 and then as per Fib levels
RR is good with second target
Lot size = 500
One may try Call Bull spread i.e. Buy 2400 CE and Short 2450 CE with Risk of Rs 8500 and...
Apollotyre has retraced back to 0.38 % Fib ratio on Monthly chart and shown the support and reversal sign.
Buy in the range of 201 to 205
SL = 189 (long term SL)
Targets as per Fib levels mentioned (Crude and Nifty to support too)
Good for long term to add in your cash portfolio
We published the chart in June 2018 and Nifty moved towards 11750 levels
Now we are starting October,2018 and we are back to June,2018 levels i.e. 10850
as per the Fib levels
SL 10819 for Bulls for target 11070, 11120, 11170 and more
if SL 10819 broken then below 10799 we would see 10770, 10701, 10675 and 10645