1) Avoid shorting as long as Nifty trades above 11550 2) Go long only above 11750 (on hourly chart closing basis) 3) Wait and watch zone between 11750-11550
ONGC has given a broadening wedge breakout on weekly chart Buy above 171 T1: 200 T2: 220 T3: 240 SL: 155
Buy NESTLEIND after a breakout above 10870 T1: 11420 T2: 11540 T3: 13000 T4: 14700 SL: 10030
Buy BHEL between 75-72 T1: 87 T2: 95 SL: 66
Buy INDIACEM at CMP and on dips upto 99 T1: 125 T2: 131 T3: 150 SL: 95
Buy DCBBANK at CMP (201+) and on dips upto 196 T1: 250 T2: 300 T3: 350 SL: 180
CEATLTD megaphone bottom on hourly chart Short below 1140 OR buy after a close above the megaphone top.
SBIN weekly chart study - Trade in the direction of breakout
Buy SYNGENE above 618 T1: 660 T2: 740 T3: 800 SL: 580
Buy PFC at CMP (109+) T1: 119 T2: 125 T3: 133 SL: 103 Regards, tRex Sandalwood/Ivory trader, Jurassic Park Sathyamangalam forest
Buy UPL above 892 T1: 1035 T2: 1110 T3: 1200 T4: 1420 SL: 825 Regards, Kaatturaja tRex
COFFEEDAY weekly chart study. Avoid buying until the channel top is broken. Long term bulls can exit if the major support is broken on closing basis.
Buy DMART above 1495 T1: 1580 T2: 1620 T3: 1650 T4: 1690 SL: 1420
Buy KTKBANK at CMP (114+) and on dips upto 106 Targets: Open SL: 92
Nifty Pharma Index (CNXPHARMA) weekly chart study
If SUNTV drops to the border region of three states marked around early Aug then I am going to grab it with SL below 380. Expecting support from the police dept, govt and people of all 3 states :)