NTPC seems to be in Uptrend immediate support at 95 and resistance at 100, If 95 is broken it can go upto 90 -93 levels which are good levels for accumulation with stop loss of 84
93- 95 levels if not broken on closing basis then stock can bounce back to 100 levels.
Infosys made 52 week high at 847 and currently trading at 840 with rise in OBV
Buy above 847 with Stop loss of 840 for TGT of 860
860 has highest call oi written
Sell below 835 with stop loss of 840 for TGT of 825
Nifty is trading in a Zone of 10920 - 11150
buy above 11050 for TGT of 11150 with Stop loss of 11,000 where it has strong resistance and can face selling pressure Above 11150 nifty can see 11300 levels,Also heavy call writing is done at 11,000 levels and above 11050 we can see short covering
Sell below 10985 with stop loss of 11,000 for TGT 10920 , Highest...
RELIANCE IND is weak on Monthly ,Weekly and Daily Charts
Inverted Cup and handle Pattern formation on Daily Chart which is bearish,Also Bearish Divergence can be seen in OBV
Sell Below 1205 for Tgt of 1160 with Stop loss of 1215