NSE:LAURUSLABS Laurus Labs declared fantastic results on Thursday. Buy Laurus Labs on dips at 470 and 430. They both are strong supports. Target is 640.
NSE:HDFC GO LONG IN HDFC ABOVE 2388 Formation of a morning star can be seen on the daily chart. Go Long above 2388 with the 1st target of 2413
NSE:RELIANCE GO LONG in RIL. Formation a morning star seen on daily charts. GO LONG ABOVE 1509. STOPS BELOW 1475
HDFC BANK has a big Bearish engulfing candle close today. Also it is trading below 50 EMA & 100 EMA. Small support at the 20 EMA. Sell with a target of 1207 which is its 200 EMA.
One can go LONG in Bajaj Auto with stops near 2890. 2900 is a very good support for Bajaj Auto. TGT 1: 3050 TGT 2: 3100 NSE:BAJAJ_AUTO
NSE:INFY Today Infosys closed above its 20 day Moving average with very good volumes. Targets will be 760-770. First support is shown. SL will be below the Gap Up which is 690.
TechM is trading near the 200MA at 741. I think we can expect a bounce back from here. Also RSI is showing Oversold so more reason we can expect a bounce. I think stops should be at 725. Disclaimer : I'm just a beginner and views would be very much appreciated to tell me if and how I'm wrong. NSE:TECHM