Good Positional Set-up May pretty well just consolidate. I will look to sell OTM CEs if it breaks the sell line
Buy above 108 for 109.5, 112; SL as per your lot size and Risk appetite
Levels on chart Downside has many supports, I won't short pharmas in any case - there are plenty of other short opportunities out there including NIFTY
Positional Ideas: Sell below 1070 for 1060,1050, 1045 with SL at 1080 Buy if it sustains above the trend line support.
Buy above 203.85 for 205, 207, 210 with SL at 202 Sell below 202 for 200, 198, 195 with SL at 203.85 Refer : 1. The Ranged Bet idea for validation on the S&R lines drawn Refer : 2. Upar Jaane ka Raasta idea for Fib Levels for logic behind the targets
Sell below 490 for 480, 475 with SL at 500 Below 475, it can head to 460s before reversing. Things that can nullify the idea: 1. SEBI Small Cap / Mid Cap Ruling 2. Any investment news. Positional Buy - Only Above 508 with SL at 500
Positional Buy Idea: Buy above 129 with a 1 point Trailing SL or Sell 125PE (Sep) Positional Sell : Sell below 124 - The stock has multiple supports at 122, 121, 120, 119 so trail SL. Alternatively sell 125 CE (Sep) Safe Long-term Buy to Hold Idea: Accumulate near about of 120. Alternatively sell October 120 PE.
Sell 23100CE Sell 21500PE Breakevens: 21670.0-23330.0 Max Profit at CMP - 5,765 Will Place a StopLoss Buy&Sell GTT orders at the Break-Even Prices on Futures to cover exposure to range break.
Buy if it breaks out the consolidation - Has made 2 failed attempts. Maybe the results day will give the push. Buy above 142 for 146, 149, 152 and beyond with SL at 138.65
Trade in the direction of break Levels marked on chart.
If the Banks carry their momentum, going forward, this looks a good buy. Buy above 475 for 480, 485 with SL at 470
Positional Sell below if the support gets breached. Buy above PDH
The stock is sitting below a crucial S/R. A move upward is due. Positional: Buy above 305 for 307, 309 & TSL up to 316 with SL at 300/298.5 depending on your targets