Bank of baroda weekly looks promising after breaking the "B" point and retest of the same. Trade type: preempting Harmonic pattern Pattern possiblility: BAT Entry 167.4 (CMP) Stop: Aggressive 159 Stop conservative: 144 Target: 192/201 Risk to reward: Aggressive -4.25 Conservative - 1.5
Weekly Auropharma showing bullish pattern in making for a good gains in short term. by short term it could take some months. CMP 855 SL below 667 (conservative) SL below 729 ( bit aggressive) SL below 785 (very aggressive) Tgts 910/1060/1160
Nifty after the LOC fall was the least afffected index witth -0.82%. When checked further it seems its near a good monthly support and a double bottom but break of this can drag it to dangerous levels. need a good close in this level and break of the channel.
APOLLO hospital showing some buying pressure near a Cruicial resistance but the bar closing weak so its good above 1363 or good close above 1355. since its sliding down one can long near down channel too with a small SL CMP 1355 Long above 1358/1363 SL 1345 Tgt 1382/1412
TCS gave a swing above the prev swing with a strong close. trading at 2437 gave insight of a pattern at 2497-2518. SL below 2395. CMP 2437 TGT 2497/2518 SL 2394
with sub degree of (5) showing extension and near end and with near weakly demand region.. can idea give weekly pull back of (B).. CMP 82.2 longs r good near the near region of 69...
MEP gave a weekly breakout and looks good for short term gains. good for investing CMP 47.2 SL 42 Tgt 57 (part book level) and rest target open
With Bearish Cypher with PRZ delimiter at 276 ITC showing weakness in weekly charts. confirmation below 248 Target 232/212 SL 266 short only below 248 its gonna be a big trade as its weekly Tf pattern
D link which is currently near a fibo support suspected showing stopping volumes. Conservative longs Buy above 92 SL 70 Tgt 106/124/ and more Aggressive longs Near 80 ( on reversal signs in min 1 hr clbs) SL 70 Tgt 106/124/ and more
NIFTY TRADING ABOVE 8825 HAS A PROBABILITY OF PATTERN COMPLETION AT 8860/8920 CMP 8822 SL 8750 TGT 8860/8920
Currently in no trade zone as per pattern trading but below 249.1 on clbs should fetch 234 and above 269.8 on clbs should give 278.
Bharat forge good to long above 920 for long term for 1120 below 886 can open up 840 again. both 920 and 886 should be done on closing basis.
Ashok leyand trading near PRZ is good for longs with SL 77.6 and tgt 92-99-120 CMP 81.2
SOMANY CERAMICS INVITING VOLUMES NEAR UPPER CHANNEL LOOKS GOOD WITH TRENDLINE SUPPORT.CAN TEST 627-640 ABOVE 610 CMP 588