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.
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 &...