Gujarat Gas CMP 656.80 Holding 652 the stock can be looked for targets mentioned in the chart Below 652 the stock can be looked closer to 636 for buying SL if closing below 625 In case u LIKE the idea and find the analysis helpful do HIT the LIKE button and FOLLOW to get regular updates from us.
Nifty CMP 10852 We have seen a nice expansion pattern and then a contraction pattern in Nifty. All forming a nice diamond in the making... Now we could be in for some directional movement. Diamond chart patterns are associated to reversal pattern. Be ready for a 640-700 point movement. Take care & safe trading...!!!
Apollo tyres CMP 229.65 The stock looks likely to be loosing its grip. It may be looked for downside target of 224 / 221 in the short term View gets invalidated if trades above 233 In case u LIKE the IDEA and find the analysis helpful do HIT the LIKE button and FOLLOW to get regular updates from us. Take care & safe trading...!!!
YES BANK CMP 191.20 The zone of 191-198 is very crucial for Yes Bank. Closing above 198 can open doors for target of 208 / 212 / 220 Inability to sustain above 190, then there is a minor support around 186-187 below which can lead to fall up to 182 / 178 Currently we have a neutral stance and will wait for the price action to give some further clues. You can...
PNB Levels are mentioned in the chart If u LIKE the IDEA and find the analysis helpful do HIT the LIKE button and FOLLOW US to get regular updates. Take care & safe trading...!!!
ICICI Bank CMP 349 Target for the current set up can be around 415. Important levels mentioned in the chart itself On the lower side 335-343 is an important zone which should be protected on a weekly closing basis. Momentum might be seen once the stock crosses the hurdle of 358-364 zone Risk::Reward ratio looks favorable for Bulls Take care & happy...
SBIN CMP 298.60 Last time we took a shot in SBIN at 300.85 and it worked well achieving it's 1st target Looks like we have a re-take opportunity. Will it achieve its's 2nd target this time round. Only time will tell... Consider to sell again in the zone of 298-301.50 for target of 292 / 288 sl if closing above 303 Take care & safe trading...!!!
Nifty CMP 10824 We had highlighted how Gaps in the zone around 10780 is acting as a crucial zone for Nifty. Take a look at the chart again... What we have seen today morning is another example of it. Another Gap up opening in the same zone. Above 10780 Bulls have the upper hand. But the question is Will it survive this time round...This is the...
Bharti AIRTEL CMP 324.50 Levels mentioned in the chart Take care & safe trading...!!!
Vedanta cmp 195 On hourly charts we observe the stock to be trading in a down trend channel Consider to sell between 194-196.5 Target 190/185 Keep a SL at today's high Take care & safe trading...!!!
TATA STEEL CMP 483 Levels mentioned in the chart Take care & safe trading...!!!
Nifty cmp 10718 The zone of 10740-10780 is an important zone for Nifty. On previous occasions it has acted as support. Now that we are trading below Will it act as resistance... target 10535 and below SL 10785 Take care & safe trading...!!!
HCL TECH CMP 639.90 The stock near an important level which has acted as support for some time now. A break and close below 635 may lead to further fall up to 882 levels. Alternatively one may consider the following strategy Sell HCL TECH Jan expiry 660 CALL OPTION around 22 Lot size 700 The strategy has a max profit potential of Rs 15400 if HCL closes...
Hindalco CMP 210 The stock has made a high of 212.40 so far Levels mentioned in the chart Alternatively one may consider selling Hindalco Jan expiry 215 Call Option around 6.5 Lot size 3500 Max profit potential in the strategy Rs 22750 The strategy has an inbuilt loss protection for rise in stock up to 221.50 on expiry day Take care & safe trading...!!!
Nifty CMP 10690 So the big question is where is Nifty heading in 2019. The reality is we do not know the answer how it will actually pan out. But if we are to look at charts what it is trying to tell us. Here are some important points - Nifty has been flirting with 200 day EMA for quite some time now - On previous 2 occasions we observe that once the...
HDFC CMP 1960.4 One may consider to sell the stock between 1957-1964 for target of 1935 / 1906 SL if closing above 1973. take care & safe trading...!!!
TCS CMP 1907 Below 1950 the chart setup suggests weakness in stock price. It may come down to 1800 and could possibly even drag down to 1600 in the coming weeks/ months. A close above 1980 may invalidate the chart pattern. Stay cautious and trade accordingly.
Infosys CMP 659 The zone of 665-675 is an important level for Infosys. Weakness will be confirmed once it closes below 644 Alternatively one may consider the following strategy for Infy Consider selling Infosys 680 Call option for Jan series Lot size 1200 CMP 21 Max profit potential ₹25200 per lot The strategy will have an in built loss protection cover...