NTPC hass been testing 100-101 zone but has breached it today finally. I expect price 15-20% upside. Support at around 90 DISCLAIMER - This is just my personal analysis and not a trade recommendation. Please do your own analysis before taking any trade.
MARUTI has been testing the trendline and has become a strong resistance. I expect a fall in price to 5650 level. Resistance is at around 6000 DISCLAIMER - This is just my personal analysis and not a trade recommendation. Please do your own analysis before taking any trade.
INFRATEL is testing the resistance and has given a divergence as well. Good stock to keep on radar for a short term trend. Breakout would be above 230. Target would be 240+. Stop Loss would be around 225. DISCLAIMER - This is just my personal analysis and not a trade recommendation. Please do your own analysis before taking any trade.
Grasim has formed a Head & Shoulders in the 15 minute chart. Neckline is around 615.65. Short position can be taken slightly below that with stop loss as recent swing high of 626. Target would be around 603 and then 596. DISCLAIMER - This is just my personal view. Please do your own research before taking any trades.
ASIANPAINT is forming a nice Triangle pattern after completing its 4th touch point at D. It has also given a strong bullish move, after a Doji followed by a big bullish candle. 1660-1670 seems like the resistance zone . A breakout above this can go to 1790 and then to 1920 levels. DISCLAIMER - This is just my personal analysis and not a trade recommendation....