As the Company name Fastener, there is a already a breakout on daily chart and there is Flag pattern Formation on 15 Minute Chart. This add the conviction in the trade.
A risk free Buy trade can be initiated above 650 for a quick target of Rs. 700 and 750/- maintain a SL of Rs. 620.
Banknifty is trading near important support level.It can bounce from here for 22000 level.
a breakdown from 21000 level will lead the journey towards 20000.
Perfect W formation in Bosch, which is a perfect example of super uptrend. Also moving average crossover gives an strength to the uptrend.
can be bought above 14405 for a target of 14900, 15000 with an SL 14140
Bharat Forge is trading in a parrallel channel from quite some time, a breakout from parrallel channel on lower side will lead a movement towards 250 levels. it can be sold at 273 with a stoploss of 284 fora target of 250.
Reliance can burst like a rocket if crosses 1500 level. it can test up to 1585.
Its trend lines are forming a ascending triangle which is closing around 1585 on downside it has a strong support of 1407.
one can start accumulating it from 1450 levels.
