M_M is currently near the 200 day SMA. We will be looking forward to buying after a bounce. Keep watching this space for the trade setup. Will update the entry, targets and SL soon.
Buy DISHTV at CMP (58.50) T1: 62.50 T2: 65 T3: 67 T4: 69 SL: 55
Buy VIJAYABANK above 48 T1: 49.40 T2: 51 T3: 52 SL: 46.50
Karnataka Bank historical weekly chart shows that the major trend is still up. It could either go sideways from here or fall further towards the pitchfork bottom before bouncing. So every dip up to 80-90 zone for next couple of years is a buying opportunity. Maintain strict SL 74
DMART day chart study. Dmart bulls can exit their long positions completely as DMART has closed below 200 SMA after a major trendline breakdown. Expecting it to move towards 1120-980 zone. We will take a decision to buy DMART depending on it price action in coming days.
Crude Oil weekly chart study. We see that the Fibonacci levels as well as the pitchfork boundary coincides and shows a strong resistance and a possible price reversal zone. RSI divergence also substantiates our bias. We will confirm the beginning of a new downtrend only after the wedge breakdown.
Buy AUDUSD above 0.7195 T1: 0.72238 T2: 0.73132 SL: 0.71750
Buy SRF on every dip upto 1650 with a SL below 1340 Targets open
Buy TATAELXSI at CMP (1190+) T1: 1450 T2: 1600 SL: 1105
Buy ICICIBANK at CMP(308+) T1: 333 T2: 345 T3: 362 SL: 298
Buy Silver at CMP (14.39+) T1: 15.236 T2: 15.635 T3: 16.000 SL: 14.100
MINDACORP -Keep this in your watchlist -Waiting for a Buy signal on day and weekly charts
Crude Oil (USOIL) 15 min chart study - Triangle