Havells can be good candidate to short if breaks the trendline with the stop loss of today's high (727).
HDFC BANK near its major support zones of last 2 months. Caution while trading this stock. Monday's session can be decisive.
Maruti has breakout from the trend line and retest done. Can be bought with the stop loss of 9160.
Long trade can be tried with 860 as stoploss and can lead to rally till 900
trading near its trend line resistance with momentum on the upside. Once breaks out can lead to further short covering.
If Bank nifty holds 27750, it can lead to new short covering rally. Long position can be taken.
Motherson Sumi if breaks 305 with volumes, long position can be taken for the target of 320 with the small stop loss of 300
Bank has been an under performer from past few days and have shown 10% correction. Now taking support near 1270 and likely to bounce back till 1320.
Buy above 990/breakout with a small stop loss of 980. This was the similar trading strategy for Infosys chart as well.
ITC long with the stop loss of 299. Target open.
Can be Long with stop loss of 2105 with the target of 2160/2180/2200. CMP: 2130
Had a gap up opening today and fresh break out from the trend line. All set to fly. CMP: 287 Stop Loss: 270 Target: 300/315/335
Extremely bullish, talking support from trendline. CMP: 284 SL 280 Targets: 287/290/295
On weekly chart, bharat forge is taking support from the trend line. It is trading near it's trend line support. Long from current market price with a stop loss of 700 with targets of 755/775/800
Despite posting fabulous results, Jubliant Foodworks corrected and is nearing support of 2430. Today's price action and movements with formation of spinning top/Doji is showing signs of bullish move.
Escorts is nearing it's crucial support levels of 935 to 940 Buy between 940 to 945 zone with a stop loss on closing basis of 935. Targets will be 970/977/985
Descending Triangle pattern. Short CMP-628, Target- 615, stop Loss- 635