manavtechresearch

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SUMMARY:- *stock has broken the demand zone of (393-390) *stock is good shorting opportunity *last time when i gave this trade it made a move towards 360 *this time we have a rising trendline which is bullish *so the trade will be till the trendline *a fresh short trade will occur again if trendline is broken DLF FUT SHORT@390 STOP@400 TARGET@382-375-370...

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SUMMARY *stock broke below its head and shoulder pattern neckline *below the neckline we had 200-ema *price has started sustaining below 200-ema *financial expected to remain weak SRTRANSFIN SPOT INTRADAY SHORT@1350(BELOW) STOP@1370 TARGET@1320-1300-1280 NOTE* *one can trade in future with adjustments *once in profit and first target is achieved *trail...

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SUMMARY *stock has broken in the channel *initial view is a slide upto 677-673 *trail stop as it slides further *fall to 650-660 cannot be ruled out BHARTI FUT SHORT@690 STOP@705 TARGET@677-665-655 note *trail stop to entry price when first target hits *its volatile and news driven stock *stay alert *trade safe *do not overtrade *for more index and stock...

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SUMMARY* *financials are looking weak *both twins have shown a breakaway gap formation *double top formation or the the "M" formation is clearly visible in a bearish channel *wait for a breach below 16600-590 (spot) demand zone *one can then take action BAJAJFINSV FUT SHORT@16590 STOP@16860 TARGET@16350-16000-16750 note *trail stop to entry price when...

manavtechresearch Updated 

SUMMARY *index constantly saw rejection in the zone of 17590-17620 in nifty *from there we have seen lows of 17000/16830/16780 on downside *we are re-tracing from there towards the breakdown levels *after weakening supply zones and less expected institutional activity from next week *market will try to take out the supply zone *now we have a falling trendline...

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SUMMARY*** *IT index is showing a visible pattern *Tcs only stock showing positive pattern *wait for a close below the demand zone *we will see how the pattern develops further *will the price breach the demand zone or the trendline will be taken out *wati and watch approach here

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SUMMARY *stock is breaking out of double bottom formation *classical pattern break *rising trendline support *look for double targets with using trendline as an exit barrier TCS DEC FUT BUY@3625 STOP@3545 TARGET@3725-3775-3850

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SUMMARY:- *stock has broken weekly and daily support *crucial weekly trading zone entered *zone exist from 950-790 *shorting indusind bank with a small stop *good risk reward ratio *you can built-on or add more lots below certain levels *below 880 840-820 levels are expected *close below 820 will all us to test 800-790 INDUSIND BANK FUT TRADE...

manavtechresearch Updated 

SUMMARY:- *stock has demand zone in between 395-400 *if today close below that is achieved a free fall is expected *good risk reward trade *today trading below demand zone if sustains here can fall big time DLF FUT SHORT@393 STOP@405 TARGET@383/373/366

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*Stock is breakout of its consolidation phase *Rectangle is a continuation pattern *Normally trend resumes after huge consolidation *Daily and weekly RSI trading above 60 indicates strength *Longs entered already *One can still enter above 1717-1720 *Stop will be deep at 1640 as we are playing it positional *Stoploss will be trailed to buy price when T1 is...

manavtechresearch

SUMMARY:- -nifty is looking to breakout of its bearish trendline -if does and sustain at current levels we will have captured a move above 20-dma -close above 18k means we will have an inside bar breakout in nifty on daily chart -historically speaking whenever that has happened it has followed up with an 300 point move

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SUMMARY:- -stock has broken out of its descending/bearish channel -retest of breakout levels of 7000 done -new attempt to break above previous high will be seen -once previous all time high is taken out -there will be revised new levels

manavtechresearch

SUMMARY -there might be a possible banknifty flag pattern breakout -more convincing buy above 41400(fut) -one can wait for fresh trade above 41400 -possible short-covering -fresh extension in pattern indicates new target towards 42500-43000

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SUMMARY:- -stock has retested its breakout zone -with the concept of swing high breaks stock is gearing up for levels of 1780-1800 -banking stocks are looking good for further upside -hdfc bank if breaks swing high -we wil use recent high and low as range for the extension -good for positional traders

manavtechresearch Updated 

Stock has moved with higher gradually Stock will take assistance from hdfc bank numbers technical levels are crucial a weekly close above 820 will assure us levels of 850-880 will play this trade positionally CONDITIONAL TRADE BUY@823(ABOVE 820) STOP@793 TARGET@850-880-900 PLEASE NOTE target can be revised further on the bases weekly close stay tuned for...

manavtechresearch Updated 

SUMMARY:- -stock after 2-3 weeks of consolidation fires -recent trend analysis shows stock rallies after a good run in finserv -ascending triangle pattern on daily chart good signs -20 ema was respected and defended -close below the trending and a move below 7550 will be considered negative -stock on watchlist -breakout trade -range expansion will be our target

manavtechresearch

SUMMARY:- -stock is trading in a descending channel on weekly chart -based on inspiring moves in banking stocks i expect this counter to see some buying -stock is on the verge of a break from its bearish pattern keep an eye -today we can see a weekly close -if we do i will update a trade

manavtechresearch

SUMMARY:- -stock is breaking out of ascending triangle pattern -aggressive longs can be added -once the stock starts to trade above levels of 92.5-93 on weekly chart -200 ema will be captured -above 60 levels on rsi weekly chart expect momentum -continuous long positions being added my view trade BANKBARODA NOV FUT BUY@93 STOP@86 TARGET@102-108-113