Traingle set up in the Stock can go either way. Once key levels break we can take position.
Tata motors at the top of channel is a sell. Target- 90 . It has stiff resistance to 20 EMA 124.
PFC is on the way to form Double Top @ 138 levels. Price is above all its moving averages and is in a bullish channel. Currently stock is at the top of channel so a SELL.
Hexaware Coming out of Traingle formation and is breaking out. cash price is 415 whereas future price is 395. Pull back might be seen to 400 levels in cash which would be a good place to buy. Not giving any targets but can hold this stock for 2-3 months for good gains. OI Analysis :- Bears trapped at 360 and 400 levels with 151,000 and 162,000 contracts. Not...