Crude Oil has formed inverted head and shoulders a breakout can be expected above $49.5 T1: $51 T2: $53.5 T3: $55 T4: $57 SL: $47
Buy IBULHSGFIN above 1280 T1: 1290 T2: 1302 T3: 1320 SL: 1265
Buy PNB above 139.5 T1: 142.5 T2: 143.6 T3: 145.0 SL: 138
Sell below 295 T1: 290 T2: 285 T3: 290 SL: 301
Buy on broadening wedge breakout above 2.963 T1: 2.975 T2: 2.830 T3: 2.994 SL: 2.955
Short SBIN at CMP (281) Target1:270 Target2: 242 SL: 300
UNITDSPR buy at CMP SL: 2490 Target: 2750
Buy SOUTHBANK above 29.4 SL: 28.45 Target: 30.5
Buy HEXAWARE above 275 T1: 281 T2: 286 SL: 269
Buy TITAN on breakout above 642 T1: 650 T2: 670 T3: 682 SL: 629.5
Banknifty is in a crucial territory between a trend line and a channel bottom. We will go for buying above 24500 or short below 24150. Until our trade is triggered we will wait and watch Targets and SL will be updated once trade is triggered. Keep watching this space for more info.
Buy copper on bounce above 3.015 Please keep watching this space for more updates on target and SL once trade gets activated
Buy Sunpharma at 478 T1: 490 T2: 500 T3: 510 SL: 471
Short HINDUNILVR below 1190 T1: 1145 T2: 1105 T3: 1080 SL: 1211
Ultratech has closed above the trend line and 13wk moving avg (as there are 13 weeks in a quarter) on weekly chart indicating strength. We can expect it to gain some momentum in the coming weeks T1: 4500 T2: 5100 SL: 3940
Buy Karur Vysya Bank above 151 It can also be observed that MACD is also mimicking the rounding bottom of the price action. T1: 170 T2: 190 T3: 210 SL: 137