Risk reward for shorting is good, the stock was in Bear grip for long time now and given a pullback to crucial resistance of 800, hence can be shorting can be done for targets 780/750 levels
There is a traingle breakout pattern followed by good open interest buildup which will lead to targets of 130/140 with in a month
Jindalstel @ 530 is looking good for fresh breakout, buying range would be 520-530 and target 540/550
MC Dowell N can be shorted for targets 880/860 within a weeks time frame
Triangle pattern likely to break, support is formed at 1900 as per open interest.
Maintain buy in dips strategy for targets 7600/7700
Trend line breakout can be seen and open interest buildups are supporting upper targets of 1800+
Price action has already given triangle breakout on daily charts, open interest buildup is also supporting the view hence a strong breakout is possible on upside upto 2200/2250 levels. Keep buying in dips
Bank Nifty turned bullish with rise in Open interest and the rally is backed by heavy Put writing which is a good sign for Bulls
Enough is Enough for the stock, the stock has fallen too much a V shape recovery is expected with modest targets 180/190 cmp 149
37000 is critical support but there is possibility that it will be broken tommorrow
IBULHSG has crucial support at 250 levels and may continue its upward journey to 265/270 levels again.
ZEEL has formed crucial support at 200 levels it should target 210/215 soon. Buy in dips and accumulate the stock.
MFSL is low risk shorting candidate at there is divergence in Open intrest buildup and price move. It may fall from 1120/1130 levels sharply.
IDFC first Bk is good to buy at 51.80. results lined up on 31.7.21. It is a good fundamental stock to Buy at current levels and hold
TATA MOTORS has crucial support at 300/290 levels will blast on upside from this level, results is better than street expectations.
As per heavy put writing, BN may target 35300/35500 levels soon
There is strong support at 150 in the stock and the risk reward is good at current levels. Open interest builup is good for longs.