Colpal has an intermediate S/R at 1644 to 1664. Average @ 1444 to 1464. SL 1344. Target } 2000+
IOLCP in strong Support @ 550 but the strength looks weak so either wait or buy @ 442. Average Down @ 158. SL 109. Target } 865
Buy Granules @ 300, Average Down @ 150, SL 117, Target } 575+
Buy HDFCAMC @ 2757, Average Down if prices fall till @ 1995, SL- 1795, Target } 4300
Buy IGL in the range 487 to 496. Average down @ 349 to 365. SL 315. Target } 586+. IGL has intermediate S/R @ 487 to 496 with a major S/R at 349 to 365.
Buy Biocon in the range 339 to 367.Average Down at 221. SL 190. Target } 490+. Risk:Reward around 1.09
Buy Bandhan Bank in between 250 and 263. SL 199. Target } 404+
Buy LIC HSGFIN in between 356 to 401.Average down @ 291 if prices go below 356. SL 250. Target>>> 800+
Reliance Chart pattern has a S/R at 1800 to 1850 level. If price dips below 1800 then it can go till 1650 to 1700 level. RSI is in downtrend. View negated above 2350 on closing basis. As per my view, Reliance will consolidate for a long time within 1850 to 2000 level.
Bullish above 10300 and bearish below 9500 on EOD closing basis.
Nifty has made a reverse cup formation with reverse handle pending. View negated above 10400 closing.
M&M is in major hurdle zone. 1) It is near Horizontal Resistance Zone 2) It is also near Primary Downtrend Line A tough position and if it breaks through both the hurdles then it will do wonder.
TCS is in a crucial resistance zone and also in a rising wedge formation. Trade/ Invest accordingly.
HEROMOTOCORP has a primary downtrend line with a rising wedge formation.
Hindalco had a resistance at 207.5 which was broken with strong volume on 13th December 2019. Target to be achieved is 227.5. SL @ 180.5
Price breaks-out from resistance @ 97.7 approx with heavy volume with a throwback to the resistance in low volume thus expecting the price to move forward. Stop loss is placed accordingly.when prices move away from the resistance, trail your SL at every new low.
AS per Technical Analysis we find the Flat Bottom Broadening Formation. With High of 12430 and Flat Support @ 10034. With this deduction the minimum price MIGHT reach is 7700. Anything can happen in this market.
AS per Technical Analysis we find the Flat Bottom Broadening Formation. With High of 12430 and Flat Support @ 10034. With this deduction the minimum price MIGHT reach is 7700. Anything can happen in this market.