ragunathan6

ragunathan6

NBCC looks very weak and has already broken important support trendlines,short the stock when breaks 28.5 and stoploss at 29.5

ragunathan6

buy adanipower near 57 to 58 with stoploss when breaking at 55.Long term bet with 3Rs stoploss.stock looks very promising in the long term.

ragunathan6

if BPCL breaks 453 levels then 448,430 will be the place its going to stop.keep stoploss at 467

ragunathan6

breaking cup and handle pattern

ragunathan6 Updated 

BHEL looks very weaker in terms of trend.when nifty was reaching all time high BHEL was consolidating and making lower lows on daily basis.short term trend is negative and 53 acts as a good support.if breaks this support then 50 will be breached and the next target would be 50 and 45.long term players can accumulate near 40 levels.

ragunathan6

yesterdays low of 236.5 is a trenline support and if its gets breached then no one can stop wipro from a correction.though wipro is a fundamentally sound stock something bad is happening inside wipro,the stock is making new lows everyday and near the 200 day low of 232.if 232 gets broken next target would be 222 and 211 simultaneously.

ragunathan6

ITC has broken the support trendline and.sell below 248.7 with stoploss at 252 with targets 244 and 233.

ragunathan6

sell Apollotyres when it breaks the previous day low of 164.5.it has already broken the weekly and daily pivot points.targets are 150,144.stock is fundamentally weak and one should buy the stock at 100 to 110 levels.stoploss for the trade should be put at 169

ragunathan6

SELL RELIANCE BELOW 1293 AS IT HAS BROKEN THE LONG TERM SUPPORT SINCE APRIL AND ALSO BROKEN THE 200 EMA SUPPORT LINE.TODAY IT HAS FORMED A BEARISH ENGULFING PATTERN AND IT INDICATES NEGATIVITY

ragunathan6

short justdial below 751 with S.L at 757. target 736,718.strictly follow STOPLOSS. stock has entered into low support area.

ragunathan6

stock is trading in a range and has gone above the angular resistance level,so buy above 630.5 for intraday trading with a stoploss at 615.

ragunathan6

stock is in uptrend in the short term and if the stock breaks the barrier of 269.2 then we can expect a nice rally towards 277.keep a stoploss of 265.both positional and intraday traders can take part if the barrier gets broken.