NSE:TATAPOWER has corrected nicely recently and presently at its support. Stock has made a dogi at the bottom signaling its ready to change the trend and go bullish. Buy TataPower above 78.65 Taget 80 / 81.5 / 85
NSE:CASTROLIND has taken double support with double bottom as well and trendline. Castrol has also made a dogi at the bottom in a down trend signaalling reversal. Buy Castrol above 365 Target - 370 / 393 / 407 High probability that Castrol will at least breach second target SL 350. Short SL 356
NSE:LICHSGFIN , CMP 622, has made Head & Shoulder pattern and may lead to a big fall now. However we may see some retracement, to 640-680, before the action. Short setup Sell LIC below 614 with SL of 690 (short SL 636). Target 550 / 520 Instead of keeping the short SL it will be better to hedge the trade and buy 630 CE @ <14 (buy only when the actual trade...
NSE:INFRATEL is ready to move towards its lower trend. Short Bharti Infratel CMP - 390. Short right away Target - 367 SL - 399.5 ( short risky SL 395)
NSE:SUNPHARMA is going through a down trend and once again near to the upper trend line. Stock has been struggling since a few days attempting to break the trend line but no avail. At the same tie the Friday crash off Nifty could not do much damage to the stock. Buy Sun Pharma above 535 with target of 575. Keep SL of 512 or 522 (above trend line) on closing...
NSE:APOLLOTYRE is making a bearish triangular pattern It can give a good fall starting tomorrow. However if the base trend line of triangle is not broken then the stock will move into sideways trends for some time. Inn that case it may not be good bet for the expiry. Monday's trade for sept expiry: Sell below 248. SL 252. Overall (not limited to expiry) Tgt...
Detailed in chart. If invested then stay long with caution New investment only after 160
NSE:MARUTI is ready to give some correction Maruti shows declining MACD, which is ready to give a crossover CMP - 8068 Sell maruti with target off 7900 / 7750 / 7500 SL - 8200
NSE:AUROPHARMA touched the support line, at 718, on Friday and retraced to 724 levels. Buy Aurobindo above 731. Target 760+. SL 717
NSE:FEDERALBNK is ready to break its bullish triangular pattern resuming its long stalled bullish trend Buy above 122 Target 127 SL 119.70
Dabur making symmetrical triangle Ready for breakout or breakdown Buy above 316 or Sell below 302
NSE:BANKINDIA on breakout. Buy above 155.5 Target 161
Described in Chart Expected Timeframe - 3 Days Keep SL of 3935
NSE:L_TFH Described in chart
ICICI is on a bood or doom mission taking support at a very strong base trend line. Witness a high income trade in a day or 2 Sell below the trend line (290) for a target of 270 or below. Buy above 295 for target of 302 / 312 in a few days
Hero Honda is on declining trend now and will soon touch its next support line. Target - 3830
Described inn Chart Feedbacks welcome
Hero Honda nearing to its strong resistance. Target 4100 followed by a further breakout or breakdown move