The majority of IT firms are in support zone and hence NSE:SASKEN can be followed. It should make an attempt to enter its long-resting parallel channel & eventually breaking it to match ATH. Enter Range- 1173 to 1250 Stop Loss - Closing below 1158 Target - 1295 , 1410 , 1500 Only for study purpose. Not a trade recommendation.
Once the NSE:INDUSINDBK closes over the 1205 level, it will prepare to accelerate. The breakout of a multi-year trendline adds to the conviction. This idea is not suitable for F&O traders as Indusind bank being a high volatile stock. Entry if the price closes above 1205; SL if the price closes below the Trendline. O nly for the purpose of education. This is...
Go Long on NSE:BALKRISIND . took a support at its Breakout Zone. Price action will define its path from this level. Stop Loss - 2775 (Daily Closing Basis) Target 1 - 2700 Target 2 - 3000 Only for information & Education purpose. Know your risk & Consult your financial Advisor before taking any trade.
Ascending Triangle Pattern Breakout on NSE:ASIANPAINT Best buy CMP & add more near Trendline Support Target 1 - 3735 Target 2 - 4126 Stop Loss - Daily closing below 3240
NSE:NIFTY Daily Closing looks weak, Monthly Expiry on the card with Rising NSE:INDIAVIX , we can expect some downside move before Thursday. Trade with caution (!) specially Option Sellers. Entry - Hourly Closing Below - 17820 Stop Loss - Hourly Closing above 17935 or 50% Option Premium. Target - 17620 For information purpose only. Know your risk &...