manavtechresearch

TECH MAHINDRA CONDITIONAL BTST A CLOSE ABOVE THE 703 MARK IN SPOT PRICES WILL BE A POSITIVE PATTERN PLUS CONFIRMATION OF ASCENDING TRIANGLE BREAKOUT MAY FUTURES BUY @703 (AFTER 3:27) STOP @688 TARGET 1@715 TARGET 2@728 LOT:1200 SUGGESTED 1

BTST ON APOLLO TYRES MAY FUTURES BUY @276 STOP @271 TARGET 1@285 TARGET 2@292 LOT:3000 SUGGESTED:2

STBT ON AXIS BANK MAY FUTURES SHORT@522 STOP @530 TARGET 1@512 TARGET 2@505 LOT:1200 SUGGESTED LOT;1

STBT ON KPIT TECH FUTURE TRADE SHORT @249 STOP @252.5 TARGET@245 LOT;4000 SUGGESTED LOT:1

BTST ON SUNPHARMA SPINNING BOTTOM DOJI BULLISH HAMMER CAN FORM ANY BEFORE CLOSING RSI REVERSAL SPIKE BUY @446 STOP @435 TARGET 1@460 TARGET 2@458 LOT:1100 SUGGESTED LOTS:2

BTST ON COAL INDIA BUY @279 STOP @276 TARGET 1@282 TARGET 2@285 LOT:2200 SUGGESTED LOTS:2

HEAD AND SHOULDERS NECKLINE BREAK-OUT SHORT IN JUNE CONTRACT POSITIONAL TRADE SHORT @670 STOP @695 TARGET 1@650 TARGET 2@635 TARGET 3@620 LOT:1200 SUGGESTED LOTS;2

STRANGLE TRADE ON SBI MAY OPTIONS CURRENT FUTURE PRICE @247.75 BUY 230 PUT OPTION @2.3 BUY 260 CALL OPTION @2.85 TOTAL BREAK-EVEN PRICE IS=5.15 TARGET FOR PUT IS 8 TARGET FOR CALL IS 8 SUGGESTED LOT:BUY 3 LOTS OF CALL AND 3 LOTS OF PUT LOT SIZE:3000 NOTE:234 ACTS AS CRUCIAL SUPPORT IF BROKEN WILL BE LONG UNWINDING WILL TEST 220 IF MANAGES TO BREAK 255-258 CAN ...

EXIDE NEAR IS 20-DMA @253 AND CRUCIAL SUPPORT @250 AMARA RAJA AFTER POSTING BAD NUMBERS WILL PROVIDE GOOD BOOST FOR THE STOCK FUTURES TRADE IN MAY (FUT) SWING TRADE BUY @255 STOP@252 TARGET 1@262 TARGET 2@265 TAREGT 3@270 LOT:4000 SUGGESTED:1 FUTURE LINK https://invst.ly/7i4uk

THE STOCK HAS FINALLY BROKEN OUT OF A BIG RANGE ON WEEKLY AS WELL AS DAILY CHART RESULTS ARE DUE BUT BUY AT THIS LEVEL IS NOT GOOD A DIP TO 1200-1180 IS A GOOD LEVEL FUTURES TRADE IN JUNE CONTRACT(POSITIONAL) BUY @1180-1200 STOP @1149 TARGET 1@1275 TARGET 2@1300 TARGET 3@1320 LOT:700 SUGGESTED LOTS:2 https://invst.ly/7i4t6 https://www.tradingview.com/x/QnqMZygu/

IRB IS HOLDING ITS 200-WMA WENT THERE TO REVERT BACK!! 200-WMA IS @233 100-WMA IS @227 20-WMA IS HOLDING TEST OF 100-DMA ON DAILY CHART HOLDING UP FUTURES TRADE IN JUNE CONTRACT BUY @230-235 STOP @220 TARGET 1@248 TARGET 2@258 LOT:2500 SUGGESTED LOTS:2

PENANT FORMATION BREAKOUT CONFIRMED PULLBACK GIVEN AFTER BREAK-OUT FUTURES TRADE FOR MAY FUT BUY @605-610 STOP@598.5 TARGET 1@620 TARGET 2@629(IF BREAKS THEN TGT IS ACTIVE TARGET 3@645 LOT:1000 SUGGESTED LOTS:2

PETRONET LNG DAY TRADE HAS COME BACK TO GOOD DEMAND LEVELS FUTURES TRADE BUY @207 STOP @205 TARGET 1@210 TARGET 2@213 LOT:3000 SUGGESTED LOT:2

DAY TRADE IN VEDL BROKEN BELOW 279 FUTURES TRADE SHORT@279 STOP@283 TARGET @275/270 LOT:1750 SUGGESTED LOTS:2

SHORT AJANTA PHARMA @LEVELS OF 1100 TO 1070 LOOKS LIKE GOING DOWN BROKEN CRUCIAL SUPPORT IN WEEKLY CHART FUTURES IN JULY CONTRACT SHORT @1100-1070-1050 STOP@1150 TARGET 1@1000 TARGET 2@900 TARGET 3 @850 LOT:500 SUGGESTED LOT:3

50.00% FIBO LEVEL @475.38 61.80% FIBO LEVEL @461.58 50-DMA @476 100-DMA @470 THESE ARE SPOT LEVELS WHAT DOES THIS MEAN START ACCUMULATING M&MFIN @LOWER LEVELS FUTURES TRADE IN JUNE CONTRACT BUY @466-475 STOP @449.5 TARGET 1@490 TARGET 2@504 TARGET 3@520(IF BREAKS 509 ON CLOSING BASIS) LOT:1250 SUGGESTED LOTS:2

HPCL LONG DAY TRADE CAN TEST 335 IN FUTURE TODAY MAY FUTURES TRADE ONLY/CAN BE CONVERTED TO BTST FUTURES BUY @320 STOP @310 TARGET @295-292 (LOT 1575) RECOM:-2 (NEWS BASED TRADE HIKE IN PETROL AND DIESEL PRICES)

DR REDDY IS LOOKING TO RECOVER TODAY IT HAS FORMED A SPINNING BOTTOM WITH A LONGER WICK ON THE DOWNSIDE INDICATING BUYING PRESSURE AT LOWER LEVELS RSI HAS SHOWN A REVERSAL SPIKE NOW IF CROSSES 2049 TODAY THEN IT CAN TEST THE LEVELS OF 2120-2189 IN FUTURES FUTURES TRADE BUY @1993-2005 STOP @1975 TARGET 1@2040 TARGET 2@2080 TARGET 3@2120 LOT:400 SUGGESTED:2 LOTS