Buy above 412 (blue lines) for the targets of 450 (green lines) with stop loss of 400
Sell September Nifty future with targets of 100 day MA line. Exit half at 50 day ma. Exit reminding half at 100 MA or if it bounce back at 50 MA. Keep stop loss of 21 day MA
Short RELIANCE for targets of 1560 with SL of 1640. Hedge with August ITM call.
But Tatamotors in cash. Details are on the chart.
As per hourly chart, I highlighted the levels to watch out. Below Red line, sell it and buy above the green line.
SUNTV is at crucial position and either it has to break or make. May take support of 200 MA and support trendline and bounce back. Otherwise, will chase for the gap of 600.
Watch out your investments and keep exiting if the breakdown completes. Invest again in the range of 420-430 if at all comes. Otherwise, buy above the trendline.
Infosys is at break/make point and breakout can trigger 1100 in less time. Breakdown can lead to 900-920 levels again.
As per weekly charts, LUPIN is a must buy for long term as stock can double in a year and can act as a defensive stock if market goes into bearish mode.
Short tata steel below 543 for the targets of 525 with SL of 550
CNXPHARMA index is at the verge of breakout. If anyone yet to buy any pharma stocks, can enter safely for long term after this breakout confirmation. Watch out for DRREDDY AUROPHARMA on Monday.
Weekly close of above the trendline is bullish weekly close of below the trendline is breaish Trade wisely
Pick AJANPHARMA as mid to long term investment. Targets and SL on the chart
Banknifty at crucial point as it's trying to breakout the recent highs trendline. Sell call triggers , If it closes below the trendline
Sell TATASTEEL August futures below 553 for targets of 540 and 525. Keep SL of 560 or hedge with August CE.
Short TataSteel positional for the targets of 540 and 525. Maintain SL of 555
Cup UP & Handle formation is looking on Daily charts. Will it reverse from here?