indra1

indra1 Updated 

PFC has major support at 380.It had bounced back from this level in past. However, this time it didnot show any resistance and broke 380 level with ease. Even bounce back is not expected. It might go deep down. The price at lower level may hit 280 level in next 2-3 months. Stop Loss for this trade shall be at 390 level. in.tradingview.com

indra1

SAIL has hit resistance at 150 and retraced back . It tried to hit 150 again but could not succeed. while going up and coming down, Head and Shoulder pattern is developed. Neckline was broken today. Today it has closed on 118.7. Probability of SAIL going down seems very high. My target would be 100. Appropriate entry would be at retracement till 124-126. SL...