sankatradesindia

sankatradesindia

Bharti Airtel has often faced strong resistance at the trend-line as indicated. This time too, the breakout is not decisive (YET at the time of posting). Keep this on the radar. Please like and follow. NSE:BHARTIARTL

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All the details about the trend-line are given in the chart. Keep this on radar. Please like and follow. NSE:HAL

sankatradesindia

Tech Mahindra is a new high zone and is trading with good indications. Also, move observation towards the RSI. Interestingly, the stock has not really moved below the 50 line in the RSI decisively. That indicates good strength in the stock. Go long in this stock. IT is the flavour of the market. If not trading, certainly keep this on radar to buy at dips....

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UBL has shown good strength in the upside in recent trading sessions. The stock is now at a resistance level and if the previous momentum will continue, the stock should be able to break the resistance decisively. Keep this on radar and trade the breakout. Please like and follow. NSE:UBL

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HDFC was on a nice strong bull run until it retraced to a fib level. Now, the previous resistance of the stock is breaking. Go long. Breakout seen. Like and follow. NSE:HDFC

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United spirits is back at a previous support line. "A previous support line offers resistance" and the stock is at the resistance here. If it breaks decisively, go long from here. Please like and follow. NSE:MCDOWELL_N

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Just look at the times that the line has been tested by SBIN. I feel it is a strong point of resistance and it might reverse once more. But, if it is broken decisively, then no points for guessing in which direction your bets should be. :) Please like and follow. NSE:SBIN

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Potential breakout? Trade only after breakout is either 2% or a confirmation candle is seen. Please like and follow. NSE:HINDUNILVR

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I don't get why people still get into these stocks. On a long position, as long as the stock is hitting upper circuits it's all rainbows and sunshine. But look at that trap after a few UCs. A series of LCs where the person with the long position can't help losing his/her sleep. Ridiculous. NSE:JETAIRWAYS

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Two failed attempts. There is news that this might be included in NIFTY and GAIL might be out. Maybe this is finally the time the stock breaks the resistance? Keep on radar. Please like and follow. NSE:TATACONSUM

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Britannia has tested the same trend-line so many times. Will this be another failed attempt? Keep on radar. Please like and follow. NSE:BRITANNIA

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SBIN has reversed from a previous resistance line which is now acting like a support. Good entry point for the stock. Please like and follow. NSE:SBIN

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ITC has reversed from the fib levels after a superb run. Retracing done. Now it should resume the long run again. Good entry point. Please like and follow. NSE:ITC

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Tell me in comments what you are feeling today. :D

sankatradesindia

Adani Ports is consolidating well. The stock was on a great up run before the consolidation. Could this be the top for the stock? Keep on radar. Please like and follow. NSE:ADANIPORTS

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DMART has reversed by taking support from a trend-line that had previously offered a stiff resistance to the stock. Go long from here in DMART. Buy on dips strategy for long term. Please like and share. NSE:DMART

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TATA Consumer has reversed from a resistance offered by the indicated trend-line. Keep on radar. Please like and follow. NSE:TATACONSUM

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TCS has successfully broken the previous all time high and is showing signs of a fantastic breakout. If you already have shares of the company, I would not recommend putting up shares for buyback. I feel 3000 for this stock is pretty less right now :) Huge potential for the stock. Please like and follow. NSE:TCS