HAVELLS FORMED A VERY GOOD BULLISH PINBAR AT THE SUPPORT AREA , CAN GO LONG HERE FOR MIN 8% PROFIT IF RSI HOLD'S ABOVE 45 THEN IT WILL DOUBLE CONFIRM THE MOVE ,, BUY ABOVE - 975-1000 TARGET -1070
DR REDDY IF BREAKS OUT ABOVE 5500 AND RSI SUSTAINS ABOVE 63 HIGHER PROBABILITY OF THE STOCK TO GO HIGH GO LONG ABOVE -5450-5500 TARGET MIN-5-10%
CUMMINS GAVE A WONDERFULL FALLING WEDGE/ DOWNWARD PARALLEL BREAKOUT IN 1 D TIME FRAME , CAN GO LONG FOR THE TARGET OF 900 AND 930 BUY ABOVE -870 TARGET-900/930
TCS AT ITS ALL TIME HIGH RESISITANCE 3340 IT IS THE THIRD TIME IT IS TRYING TO BREAK , IF THIS BREAKS FOLLOWED UP WITH A RETEST IT CAN GIVE GOOD RETURNS AND MAKE FRESH HIGHS IN NEAR FUTURE ,IF RSI SUSTAINS ABOVE 70 IN COMING DAYS THEN THE BREAKOUT WILL SUSTAIN FOR REAL.. BUT I FIT TAKES RESISTANCE AT THE HIGHS U CAN ALSO GO SHORT NEAR 3320-3300 IF YOU SPOT A...
NIfty metal at important support i.e, 5000-5050 range if it gets broken then further fall will be witnessed in metal stocks , but there is a high probability that it might take support at these levels as 50EMA and horizontal support line is at confluence , can go long if a good bullish candle is seen above the support
BANK NIFTY CAN PLUNGE DOWN TO NEARLY 500-600 PTS IF IT BREAKS THE LEVEL OF 32350 SELL BELOW -32350 TARGET (31800)
DLF GAVE A PARALLEL CHANNEL BREAKOUT BUY ABOVE -293 TARGET-300 SELL BELOW 291 TARGET-288
M_M AT THE RESISTANCE OF 810 IF THAT BREAKS WITHS RSI CROSSING 60 THEN WE CAN EXPECT THE STOCK GIVE A GOOD RALLY OF 2% BUT RSI HAS GOT SEVERAL REJECTIONS AT 60 SO TO BE CAREFUL AND ONLY ENTER IF 60 LEVEL AT THE RSI IS BROKEN OR ELSE CAN ALSO SHORT AT THE RESISTANCE BUY ABOVE -813 TARGET1-825 TARGET 2-830 SELL BELOW 805 TARGET 790
BAJAJ FINANCE GAVE A GOOD TREND LINE AND AS WELLAS A GOOD RESISTANCE BREAKOUT CAN EXPECT A GOOD TARGET FOR INTRADAY BASIS BUY ABOVE - 5270 TARGET 5352 CAN ALSO SELL AT THE RESISITANCE BREAKDOWN SELL BELOW -5240 TARGET-5190
AXIS BANK A GOOD BUILD UP FORMED, ABOUT TO BREAK IT HAS A STRONF SUPPORT AT 695 IF THAT IS BROKEN WITH 15 MIN CANDLE CLOSING THEN CAN TAKE A TARGET TILL 680 BUY ABOVE 705 FOR TARGET 714, HAPPY TRADING! BUY ABOVE 705( 15M CANDLE CLOSING) SELL BELOW 695(15M CANDLE CLOSING)