shailenk

shailenk

Idea: Given the current market conditions one can initiate short in Balkris ind. For the current expiry one can buy 2100 PE at Rs 20-22 with target of 50 and SL of Rs 7. Once 2050 is broken decisively (earlier demand zone) target 1 and target 2 would be possible in Sep series. Basis: It has broken the trend line on the lower side and given the bearish conditions...

shailenk

Basis: Siemens has given a good box breakout after nearly 8 months consolidation and supposed to be looking good. Could touch 3000 soon. Based on the situation below spread can be created for Aug'22. Idea: Bull spread. Buy 2900 CE 1 lot and sell 3000 CE 1 lot for R:R of 1:1.52. SL: If Siemens starts breaking down below 2800 exit. (Dont hold for too...

shailenk

Idea: Once can buy Exide once 164 is broken on the upside for targets of 184-185 and stop loss of 155. Entry: 164-165 Target: 184-185 SL: 155 Basis: Rising trend line and assuming upcoming supply area gets broken then it can propel the stock higher. Thanks (Above views are for educational purpose only. Pl consult your financial advisor before investing)

shailenk

Chart is self explanatory. If 4000 breaks out with volume targets of 4800 can be achieved. Thanks