OBV is increasing, and there is a good bounce and now at the verge of Breakout of a good resistance. Can go Positional Long First Target - 85
Bharti Infratel is breaking out from a major resistance at 190 - Can Positional Long for 1st Target of 210
HDFC AMC is giving a Clear signal for positional Long basis Decreasing Vixfix and incresaing OBV 1st Target: 2430 2nd Target: 2500
On Closing basis it is above 9 EMA / Vixfix continuously falling, and OBV increasing. 1st Target: 100 2nd Target : 110
HDFC has bounced back from Monthly Support, Vixfix is trending down and OBV is increasing - clearly makes it a good set up to GO LONG - and Hold Positionally. 1st Target : 1780 2nd Target : 1850
Equitas has given a Positional short signal basis the Convergence of Rising Vixfix and Declining OBV. It is a Positional Short - Target of 45, I would enter via Theta Neutral Bear Put Spread
Mahindra CIE - Vixfix reducing and OBV steadily inceasing. Go Long as positional trade at CMP with target of 140
M&M Finance is now poised to cover larger grounds, and is a perfect buy for target of 180. Vixfix is on the reduction, while OBV is considerably increasing - Highly Recommended
Using On Balance Volume and Vix fix ( which i use very effectively) can see a good buy in Godrej Consumer Products. target 100 points move in about 10 trading sessions
Vixifix is decreasing, OBV is increasing, trading confidently above 9 EMA, and closing close to 22 EMA.. Positional Long with target being 250 in about 10 trading sessions
Vixfix is Falling, and the OBV is rising, at the current price of 190 is a perfect buy with first target as 225-230.
NTPC is now breaking out of the Neckline of the W Bottom Pattern, is a good buy for Positional Trade. CMP - 90.5, Target should be 96/100 soon
United Breweries is again and again testing the support, currently in a Downtrend, and can be a good candidate to short once it breaks this important Support
Bajaj Auto is in a DT in Weekly / Daily TF, and is taking support on Daily support of 2417. this support line has been tested several times, and therefore has become important support. if this support breaks and the candle sustains, it would be a good candidate to go short.
Indusind Bank has been moving in an ATP, and although today it moved up with momentum but failed to breakout of the ATP Resistance. If tomorrow it crosses 481 and sustains, can go long for atleast 40 points upward movement. first target is 525.
Escort is Currently in UT moving in a wedge just below major weekly resistance. On Breakout from the Wedge, and the Resistance, can Go Long with 790 as the Target. SL 745
HindPetro is currently on major Monthly resistance level, and the price is moving in an upward trending channel. If the price breakouts 220 , can be a confident trade to Go Long with first target being 228.. Stop loss around 214.
Coal India is now moving comfortably in a channel, only should look for a Long Opportunity if and when it Breaks out. SL - Half the width of the channel, and first target Width of the channel.. May take time for the entry point to Develop, but will be a good trade.