OPEC has decide to cut new production of crude, due to this cues there is a probability to price will rise of crude. and this will benefits of Oil marketing co.
Best buying level for IOC is @145.80-143.00, Sl@142.00, target 155.65.
Nifty will take a small bounce from 11683-11597 this level. This bounce will continue for a short time period if price not able to break level of price 11900.
11900 this is a very crucial level for price action trade. if the price sustain below 11900 & not break this level so will see nifty will fall down side and below side there is a two strong support level is...
Reliance will start move upward from 1118.00-1084.00 Level, till that level we will see price will travel downside.
If global cues are more crucial then the price will not respect above mention level and we will see the next downside level is 978.00-954.00. This level have strong support level.
For JSWSTEEL i have a view for next move for a Short term Long Position will start from @295.00 to 289.50 & SL is @288.00 , if price and momentum break this level below and move downwards so there is a strong support we will have @ 287.50 to 284.00.
Targrt for both level is Reward:Risk ration is 2:1 or as per your comfort. if entry level reach on Friday so we...
JBMA buying Movement we can see @207-195 & stop loss is @187.00, Target is as per Reward:Risk ration 2:1 or as per your comfort. at this level there is a more probability to start rally for short period if global cues and underlying sector in favor.
2nd level is @152-135 for best fair price for Long term Investment purpose only & stop loss is @125.00.
Pidilite Ind. Level to be in focus for Long @ 1181-1166, Stop loss will be @ 1160.
Target will be Reward:Risk 2:1
Exit level strictly followe by R:R ratio.
If underlying will breach upward side of 1239 level so next level will be possible @ 1260, and 1290 is a strong Resistance.
Tata Motors is already enter in to rally for a Long term Investment in a next few days is will fall till @ fair price reach.
Best and fair price for BUY is 177.05-159.21 SL 144.95.
#LongTermInvestment only. Please do not consider this as short term or swing strategy.