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TECHM FUT BUY@1557 STOP@1533 TARGET@1590-1620-1650 note stock is breaking out of double bottom formation looking good for a target of 1700-1800 on positional basis stop is important below stop level pattern will nullify

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ASCENDING CHANNEL WITH A STEEP TRENDLINE -index has the potential of testing 40000 -i even more optimistic on banknifty my target is in the range of 42500-43000 -expect extension on the upside -once the previous all-time high is taken out one can expect 38500-39k in short-term -base building is on -expect ruppee/inr to appreciate in the near future NOTE...

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It was but obvious that hdfc bank on thursday will see long built-up heading into the event numbers were good but i am not sharing the view based on technical levels there is a double bottom breakout on weekly charts indicating a move towards 1800-1900 now since there was huge accumulation on the thursday we can see some profit booking today after result play...

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Stock on weekly chart has bounced from its 60-level rsi It is looking to breakout of a trading range once stock crosses above 1190 we can see some short-covering levels that can be tested is 1215-1238-1260

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Looking for a trendline break one can enter long with a stop below 227 and stay for a short target of 238-239 a weekly close or a daily close above 241 will lead to 255-263

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RELIANCE BREAKOUT IN WEEKLY CHART -indicators are showing strength -rounding bottom breakout -upside potential is high -previous range from 1830-2370 -extended on the upside and based on fibonacci levels -target can be raised to 2700-2900 RELIANCE OCTOBER FUT/SEPT FUT BUY@2385-2390 STOP@2265 TARGET-1@2485 TARGET-2@2560 TARGET-3@2650 -target may be raised...

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Pattern break visible in aarti in shorter time frame one can stay long with days low as stop quick 30-40 point scalp or stay potential long

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Stock is looking to breakout of its weekly bearish channel if levels sustain after rbi policy expect10%-20% move on upside

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Results are expected today pattern shows huge upside pending wait and watch

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Just an update no signs of reversal yet stay alert my view is a top is near in IT sector expect sector rotation expect funds to transfer into banking sector and auto sector holding longs then wait for a reversal

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-stock is moving in a ascending triangle pattern as well -breakout will also lead to double bottom break -momentum can be expected based on accenture results -not long on nifty IT index -expect sooner or later the rally to end -stock specific rally expected -underperformed to TCS will catch up INFY FUT/CASH...

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-kotak bank is trading in a pattern -trendline rising and the correction is getting narrower -wait for a range break -ascending triangle pattern breakout is possible kotak bank futures buy@2030(wait for a move above (2025-2028) stop@2000 target-1@2060 target-2@2075 target-3@2100 -wait for levels to breach -on a higher time frame a weekly close above 2000...

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-double bottom break -small stop -1:1 risk reward ratio bajajfinsv sept fut buy@17650 stop@17500 target-1@17900 target-2@18000 target-3@18150 can be intraday or momentum trade

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BAJFIN BREAKING OUT OF BULLISH FLAG PATTERN -flag pattern showing 1500 point upmove -looking positive -can break above 7800++ in coming days -bullish flag pattern breakout will be confirmed today -still an entry is possible BAJFIN FUT BUY@7620-7650 STOP@7220 (MOMENTUM TRADERS) target-1@7960 target-2@8115 target-3@8250 (POSITIONAL...

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MARUTI FUT BUY@6945-6955 STOP@6825 TARGET-1@7050 TARGET-2@7135 TARGET-3@7218 OUTLOOK:- -Stock is breakout out of bearish trendline -20 expo/ma is captured and sustaining above it -expect auto to provide some fuel to the rally -still further upside can be expected

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-Good short-term move on the downside is expected -dollar decreasing adding more motive for downside -momentum can intensify below 3695 TCS SEPT FUT SHORT@3700 (BELOW)/(WAIT FOR IT) STOP@3730 TARGET-1@3680 TARGET-2@3665 TARGET-3@3652 -trade as per risk appetite -view is that bank will takeover the leadership role from IT stocks -sector rotation will aid on...

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-Stock is forming a double bottom formation in shorter time frames -a break above the bearish trendline will allow us for an early entry -already added longs -using 300 as a round number support -304/307 demand zone -315/318 supply zone -expect the next leg of bull run to start -momentum and positional traders can ride the wave in one stock DLF SEPT FUT...

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ITC FUT BUY@208 STOP@205 TARGET-1@212.75 TARGET-2@216 TARGET-3@221 note:- -stock is breakout out of inside bar formation -taking support at its 200-ema -if closes above 209 we will have a 20-ema/200-ema breakout -itc has great potential on upside -target can be raised in the future