Gravita India ltd has given a breakout with high volume and rsi divergence. Looks good for 380-400 levels.
NSE:NIFTY Nifty has closed around its 200 day moving average its looks like it will probably bounce from here any gap down tomorrow is an opportunity for buy for me. If it breaks 200 dma and sustains bears will be in full control to drive prices lower to 11200. My plan: Buy any gap down or flat opening tomorrow and place stop loss around 70 points as per...
NSE:BEML has broken out of previous resistance and entered a new zone . It can be bought foe targets of 1100-1170-1260....
NSE:MARUTI seems to be stuck in the range and looks like its time for reversal on buy side with very good risk to reward. targets of 6900-7200 is easily achievable if moves beyond that 7800 can come.
NSE:ITC has broken out of zone forming cup and handle kind of pattern. ADX also is giving signals for a start of new trend. It has a great potential to move upside but its a slow moving stock so option trading might not be a good option. Cmp is around 300 and is expected to move above 320/345/353 if these levels are crossed it will trade above 52 week highs.
Looks like nifty has broken out forming symmetrical triangle pattern . So I believe its a time for long with sl of around 10800 in spot
NSE:JAICORPLTD Jai Corp has broken forming inverse head and shoulder so its a buy at cmp 109 with sl of 102 and target of 118-121-150+.
NSE:NIFTY Nifty ha given flag breakout on hourly chart its an continuation pattern so its a buy with sl of 10760 and targets of 10940-11050-11160 , cmp 10850. Note:These are sopt rates.
NSE:TVSMOTOR Tvs has broken from a consolidation phase with high volume so its a buy according to my analysis at cmp 564 with Sl 549 and target 590-604-639
Cipla has started recovering from its bottom soon it may give a huge rally, it has broken range upside so its a buy with target of 580-600-640 and sl of 529 at cmp 546 NSE:CIPLA
Titan has given a breakout in range forming an inverse head and shoulder so one can buy at cmp at 937 with sl of 908 and targets of 960- NSE:TITAN 980-1000
Mcx NSE:MCX has broken out from a trading range there is a minor throwback, one can buy at current price with stoploss of 730 on closing basis for targets of 780-800+, current price is around 737 so risk:reward looks great
Rcom has broke its range reversing from low forming a cup and handle pattern with high volumes which makes breakout more meaningful so its a buy with sl of 14 and targets of 22-26-30-40 cmp is 17.5 RELIANCE COMM