This stock has made 52w high expecting some profit booking and retracement. Keep strict stop loss as this is giving breakout from inverted HNS pattern. Wait for a red candle to enter. Go short at or below 1475 with SL at 1511 for T1 - 1457 T2- 1434 T3 - 1420.
This stock is facing reistance at 52w high and the long wick indicating the same. Wait for a red candle for entry. Go short at or below 761.47 with SL at 800 for T1 - 746 and T2 - 733. Alternatively one can go short on 800 CE at 14 and 700 PE at 5.65 together for 17320 INR in 11 days.
This stock has corrected but went too far with Nifty fall. Expecting a slight pullback to 2800 and yesterdays green candle confirms the same. Go long with strict SL. Entry at or above 2765 with SL at 2718 for T1 - 2796 T2 - 2821. Update TSL as and when in profit. Alternatively one can go short on 2700 PE at 39.65 and 2900 CE at 26.95 together for 19980 INR in 13 days.
Suntv is trading near 52W high and is taking support at 900. Keep strict SL as this is high beta stock and enter only on a red candle. Go short at or below 925 with SL at 940 for T1 - 900. Keep trailing stop loss it once it reaches 918. Alternatively go short on 980CE at 11.8 and 880PE at 8.4 together for 20200 INR in 10 days.
Maruti is facing resistance at top and is consolidating around 9100. Please keep SL as this stock has got upgrade and recos. Go short at or below 9150 with SL at 9238 for T1- 9134 T2 - 9093 T3 - 9047 and T4 - 9011. Alternatively one can go short on 9400 CE at 65 and 8850 PE at 62 for 9525 INR in 10 days
This stock has formed a Bullish Gartley pattern and it has a bullish harami candle confirming the same. One can go long at or above 791 with SL at 780 for T1 - 804 T2 - 812 and T3 - 821
Cements stock has risen due to some news. So keep strict SL. One can go short at or below 4273 with SL at 4316 for T1 - 4225 T2 - 4200 Alternatively one can go short on 4150 DEC CE at 45 and 4350 DEC CE at 71 together for 23200 INR in 14 days.
Nifty is forming a downchannel and RSI and STOCH are in selling zone. Some upside is expected before shorting. Please enter as per chart with SL. Go short at or below 10258 with SL at 10328 for T1 - 215 T2 - 180 T3 - 10096
This stock has formed a bearish pattern and is at PRZ. One can go short at or below 1381 with SL at 1418 for T1 - 1353 T2 - 1324 T3 - 1314
This stock is facing resistance at top. One can go short at or below 868 with SL 880 for T1 -860 T2 - 853 T3 - 840
This stock is at support and prior RSI and STOCH history suggests possible reverse. One can enter at current level with SL at 506 for T 540. If 506 is broken it will be a confirmed bearish signal.
This stock is on high spirits and unstoppable. Since this is against trend strict SL is necessary as it can reach 3600. Go short below 3394 with SL at 3320 for T1 - 3350
This stock is facing resistance at top and is near 52 weak high. One can go short with strict SL as it is against trend. Short entry at or below 2878 with SL at 2900 for T1 - 2844 T2 - 2800 T3 - 2750
This stock has formed a cup and handle pattern. Currently it is facing resistance at 70.3 with support at 66.3. One can long above 70.3 with SL at 63.5 for T1- 76 T2- 80 T3 - 84 if 84 is broken it may test 95 which is ultimate target of cup and handle.
This stock is correcting after a good bull run. Currently it is taking support. For long entry at or above 607 with SL at 594 for T1 - 620 T2 - 633 If you are already long important levels to watch for is 607 and 594 on closing basis.
Reliance has formed a double top pattern and has reversed. It is at support. Go long above 906 with SL at 894 for T1 - 916 and T2 - 922
Eicher motor has a fantastic bull run from 19800 level and appreciated 35% to 33000 level with not much correction. The stock has formed a HNS pattern indicating trend reversal on the cards. One can initiate short as per the fibinocci retracement level at 23% for a target of 38%, 50% and 62%.
Arvind has retraced to 78.6% and stocks usually reverse from here. Once can go short below 434 with SL 438 for T1 - 430 T2 - 425 T3 - 420