It is a strong chart with a intermediate leg going up It has a potential to reach lvls of 658 and beyond Once it crosses 625 convincingly it should race to 658 region Stops can then be place near the 607 mark VERDIT : BUY abv 625
BEL Stock has run up 15 pct in last four days Let it consolidate around here It is a bit overbought It remains a buy on dips with stops at 98 Abv 105 stock can move towards its intermediate tgt of 115 VERDICT : Buy on Dips
One of the strongest charts in the market is at its all time highs Upmove started after release of strong nos Has run up a bit and hence is a buy on dips stops can be placed at 1480 Stock seems to be headed much higher VERDICT : Buy on Dips
Very very weak chart close to 10 yr low longs should stay as far away from it as possible Short players should short at every bounce with stop at 118/125 VERDICT : Sell on rise
The zee chart is again consolidating in the 320 to 360 region. The 200 DMA stands at 410 for short term trading one can buy here with stops near 325 and tgts near 360
Has been slipping since a level of 300 in May 2019. The chart looks like consolidating in the past few sessions Overall structure is still quite weak. It is way below its 200 dma A short term rally can be expected abv 235 towards 250 and one can keep stops at 222 But positional traders can avoid it for medium term play till a more robust chart structure is evident.
UPL broke through its 200 dma near 570 earlier this month and sharply move to wards 500 Current bounce is a reaction to the sharp down move and should not be seen as an uptrend Long players should wait for more consolidation before jumping in Short players can to short on bounce with stops at 550 The stock is quite weak as of now.
Has been on a uptrend after taking supp at its 200 DMA at 230 earlier this month Overall the stock has been consolidating in the range of 230 to 255 in the last 6 months Positional traders can wait for pullbacks to 200 DMA near 230 to buy. short term traders can buy here for tgts of 255 and stops at 237.
consolidating in the 330 350 range since a month and oscillating based on moves in the crude oil market It has made a good move based on last night in the crude market It is currently hovering at its 200 DMA A break above 360 levels has potential to take it to 372 Keep stops at 340 Buy abv 360
After its strong results, the stock could not perform due to weak market conditions in the last many weeks. It has been in a sideways consolidation It is now attempting to build another leg up . Buy abv 422 with stops at 410 for target of 438
Sell on bounce with stops at 1243. RIL has broken below its LT trendline and 200 DMA Unless this isa falase break down and it quickly gathers above 1243, the stock will go down sharply towards earlier supports.
LT has completed the retracement, filled the gap and taken support at 200 DMA> ..buy with sl 1363 for tgts shown in the chart.
Had broken imp supp at 413 but it was a false break. Buy again with stops below recent low for tgt 440
Sell till 2315 is taken out on the long side.... a support is possible at the right shoulder base and shorts can be covered there once.
Buy with tgt 760 and stops at 716. It broke an imp support but has bounced back. Its 200 DMA support is also near.
Stay short with stops at 2316, it is near a key break down point and may go take a supp at the 200 DMA. Short on bounce till 2316 is taken out.