eurgbp good for long with good risk reward ratio. stop- red line target- purple line.
hdfc bank is good for long, very good risk reward can be taken,. buy- 1380-1375 stopped- 1344-1340 target1 - 1647 target 2 - 1765.
tcs is about to complete its correction at 2800, thats very good for investing in this bluechip stock. entry- 2900. stopped- 2600. target 1- 4423 target 2- 4890.
cipla is in wave c of zigzag correction, target can be seen towards 1019, one can also trail their position, on purple lines.
Currently stock is trading @163.9, now its looking good for long for target of 10 points @ 174 and with a little stop loss @160. (SWING TRADE) Profit- 10 points stop loss- 4 points. GOOD FOR LONG. (ALL RESEARCH IS MY OWN.)
Asian paints giving another short opportunity, CP- 1596 TGT- 1430 SL- 1666 lets see whats happening.
SUN TV, today test the demand zone and again bounce back from there, with a bullish hammer candle, it can go up to 500 level again( PREVIOUS SUPPLY ZONE), lets see whats big players are planning to do. ( NOTE- i dont use any indicator in my analysis, just pure price action.)
Tata steel could be a great buy if stock breaks 408 level, with target of 435, (previous lower trend line could act like resistance, profit booking can be seen) lets see what happen on monday.
ONGC going to fall back to 124 level, again. LETS SEE.
HDFC can go up to previous trend line (RESISTANCE AREA), stock bounce back from previous demand zone, and now testing previous supply zone, if got gap up opening on monday, or break this supply area, tan there is high probability it will go to this previous trend line.