READY TO SEE NEW HIGH IN NIFTY.....
stoploss just above supply zone i.e.1576
CAN TAKE LONG TRADE ABFTER BREAKING OF FALLING WEDGE...
RCOM CAN BE SHORT BELOW 19 WITH STOPLOSS OF 21.35 FOR TARGET 1- 16.65, TARGET2-14.35
IDEA DIVESRION ON RSI SHOWING CHANGE IN TREND SO BUY ABOVE 52.75 WITH SL-49.7 TARGET1-56 TARGET2-60 TARGET3-65
after making double bottom can take position above 2680 for swing trading for target of 2700,2800,2900++ with stop loss of 2600 closing basis.
BOUNCE FROM 50-EMA,MACD ALSO GIVEN CONFIRMATION....
PRICE MOVEMENT AND RSI MOVING OPPOSITE THAT IS INDICATION OF TREND REVERSAL. GIVES MORE PROBABILITY OF TREND REVESAL....
HEAD AND SHOULDER BREAKOUT, BOUNCE FROM 50-EMA,MACD ALSO IN UPTREND...
HDFCBANK trading on 50-EMA IF IT BREAKS LEVELS MAY GIVE TARGET BOTH SIDE...
zeel buy above 520 for target of 530,560 with stoploss of 506 closing basis
