Bad macro news of tax increase + Breakdown from box with high volume Sell with 52500 SL Tgt 50400
Sell 15900 W CE at 49 SL 100. Target 0. To reduce risk can buy 16200 CE at 12 for hedge.
M&M finance buy at 175 SL 165... Target 185 NSE:M_MFIN1! RSI was above 70, ADX above 25 Today market down hence we get good entry, it should resume trend as soon as market gets normal.
Buy NSE:ICICIBANK1! at 760 with SL of 740, look for 800,820 Result was good marked by low in stock. if any rally comes in Bank nifty, ICICI should lead way up.
Birla soft at earlier high can be bought at 510 with SL at 490 i.e. earlier resistance. I am looking for 550 as initial targets.
Buy Wipro at 521 SL 508 TGT 550 RSI above 65 ADX is above 25 In 52 W high zone