NSE:APOLLOTYRE at at multi months support and is showing rebound from there
Short term trade setup
Buy at 202-204
Target 229 / 245
Remember on a longer term the stock is still in bearish mode.
Markets are highly risky right now. Trade as per your capacity only.
Disclaimer: I'm not a SEBI registered adviser. The chart is published for education...
AXIS is at a very critical point. Axis is standing at a very strong resistance point in daily as well as weekly charts. Its high on RSI and has shown the price reversal on Friday honouring the resistance point. Check out the charts and get ready to mint some money
SELL Trade Setup :
Sell AXIS if opens below 613 or goes below 610.
SL - 626
TGT - 570, 545,...
NSE:DLF is one great stock that's recovering after consolidating much.
DLF is making Inverted H&S pattern with favorable RSI and MACD.
Buy above 226
SL 210 (short SL for low capacity trades is 216)
RSI and MACD on intraday for 09May2018 looks bearish as MACD and RSI on 30/45/90 min is that much favorable. DLF may touch 220/218 once before...
NSE:ACC after good consolidation has reached multiple quarters support.
ACC has also made a few dogis to signal reversal.
One can expect boost for cement and construction industry in budget ( just 1 day to go)
Buy at present price
SL 1707 on closing basis or 1690 strict
NSE:AUROPHARMA has consolidated for a while and is at its multi-weeks, rather multi-months support level. At this level Auro is showing gain of positive momentum
Buy above 675
Tgt 690 / 726
NSE:CADILAHC has consolidated from its highs and made dogi at bottom. As expected it started its recovery from there. Gave confirmation and broke the falling trend-line. RSI and MACD are favorable making it a good candidate for buy
Buy it at current price
Tgt 450 / 475
SL 410 on closing basis and 403 strict
It can be a slow candidate though and can show...
NSE:TITAN has boomed a lot recently. It even broke the H&S pattern bearishness with a bang!
Titan is taking resistance at its current price and has the potential to reverse from here.
Actual trade setup is not yet made. So this trade is only from very aggressive and risk taking traders.
CMP 782. Short below 767.
Remember its only for the high risk takers...
NSE:IRB may go for consolidation now. Its high in RSI and MACD is showing reversal in trend. Stock has also made a strong bearish engulf today.
Sell below 335
Strict SL of 352 and Closing basis SL of 246