Kotak Bank set to dive at least 100/- as per RSI, Stochastic and Trendline. The RSI and Stockastic has given confirmations. In case it breaks 1810 then it should come down to 1714-1715. Stock option PE in action.
LT is set to break down as per confirmation from RSI and Stochastic. Trend line is at the touch point and if it breaks 1100 then it should show us 1010 at least. Put in action for the next 1 week. Target 1010 Duration 1 weeks
At CMP of 843 we can expect 5-8% upmove in a couple of weeks or even 1. Target of 907 SL - 820 Indicators - Trend Line and Stochastic fast crossing over slow
CMP 1406. One can go for PE and wait till it reaches 1342. If it breaks 1342 then we may even see 1240. Duration for target 1 - 1 week Duration for target 2 - 2 weeks SL - 1460
The 9 day EMA in Bharti Airtel is about to cross the 20 day EMA. If it does tomorrow it would be a good short term call. There could be a hurdle at 459-465 which once it crosses it should give us at least 485. This is not my recommendation and just an analysis from me. Please consult your advisor before you make any investment.
Astec has just bounced back from an RSI of 30 on daily chart. One can long it for a first target of 1013 and a second target of 1122 or 1125. Duration about 2-3 weeks.
RIL may take support at around 1840 and bounce back. It has broken 1900 today. Look out for 1840. With a stop loss of 1800 one can long it at 1840 levels for a target of 2075 in 2 to 3 weeks.
The trend line looks to be set and Galaxy Surfactants looks ready to make an upmove. It may even converge to a smaller triangle but the next 2-3 weeks it should give an upmove of 10-15% in the range of 1800 to 1875. The trend is an uptrend so we are also going in line with the trend. Trend is My Friend :) Please note that this is my analysis and not a...
Glaxo - CMP 1530 Target 1665 (2-3 weeks) Stochastic RSI is getting started and just coming into the zone. should be bullish ahead at least with a gain of 5-7&% in a couple of weeks. Good Luck SL - 1490
CMP 936 - Ready to bounce back from support and a stochastic RSI of below 30. Targets - 1,015 / 1050 (3-4 weeks) Stop loss 896
UPL RSI (Weekly is below 30). It's a NIFTY 50 company. The RSI can't stay forever at that price and is sure to bounce back. Targets are open 450/500 (a couple of months) Let's keep stop loss of 6% @ around 480.