Tata Steel as per the Day chart can be considered for Accumulation. It is for investment and not for trading purpose.
Traders can try Motherson 140 CE for month Month EXPIRY. It is a trade only for 1 week.
If Exide price sustains above 495 in day candle, Traders can try try 490 CE for may month month. Strict SL is required as per your risk management.
REC can be considered for swing trade with price target of 575. Short term traders can consider this opportunity
Timken can be considered for SWING TRADE with 5 % upmove. Suitable only for INVESTOR can have it for min. of 90 days.
Traders can buy AB CAPITAL 230 CE May month expiry, if price today sustain 230 by 3.15 pm. This trade applicable for 1 week only
As per the Chart, Crude nevel level 6600 will be a good buy zone and from that level it should retrace as per price action. It will be a better risk reward trader if we get an opportunity to buy at 6600 for this expiry
CRUDE MCX will break this symmetrical triangle in 1 hour chart. We can go for long if it breaks the range
As per the Trendline multiple resistance and support taken, we can go for long if it breaks above 19500 in 1 hour candle and can go for short if it breaks down below 19240. This is my view.
Nifty seems to be in Pole n Flag pattern under Day chart. Above 19500 , we can consider going long
With the pattern found in Day chart , Wipro is inching towards the target of 465- 470. Can go for long with clear stop loss of 430
Fin Nifty break down and moving towards 19300.. Chart pattern seems to be Negative and not suitable for OPTION CE buyers.
Crude Oil - Head & shoulder formation is there.. let us see the price action below the level 6600
Whether Bank Nifty is in the formation of Head & Shoulder .. Not Sure. But interesting pattern to be watched.
HDFC Bank has to Retrace upto 1260 before it break down for healthier correction. Also it took 200 EMA support. Not an easy way to break down next day. Hope it should Retrace for better price correction.
Fin Nifty Retracement towards 19800 and from their Break down is possible by next week. Hope market will not go down in a straight line as it has to Retrace and only then it can break down for healthier correction. This is my personal view.
ICICI Bank Retracement expected before it can go down. Target : 970. This is my view and Option traders can take a call according to your plan
Nifty can move on these direction and possibilities has been shared with price level on Wednesday. Based on which we can decide on our Trade