Target 1 in 6400 and 5713 as extended rally
I am adding SBI Nifty 50 ETF as SIP in this sale through bi weekly SIP .I had bought in small quantity and continue to buy next 6 months through SIP for long term benifit.
ACC is one stock which is in shopping list if it broker 950 then may reach upto 800 and then 638 and on both level I will buy this stock for long term .Below 800 will start weekly sip with very small quantity.
Escort trading below 689 and can below 620 and 583 based on ABCD pattern . Sugessted stop loss is 710
Recovery after downfall is completed it will be lead by Steel and Cement so I am going to accumulate tata steel below 244 to 188 for long term.
Bank Nifty may may came down to 15609 and extended target of 13631 in this downtrend.
Dont make view on buy side unless Nifty closes above 10650 . I am expecting it will go down after touching 10250
Three drive pattern suggest RIL to 855 if its broke the level of 1014 on closing basis.
This idea is published for my learning not recommendation to take any trading or investment decisions.
Three Drive pattern indicate Grasim to buy with stop loss of 668 for target of T1:697, T2:724 and T3:745 PLEASE DONT BUY BASED ON THIS PUBLICATION . I AM JUST A LEARNER
Kotak Mahindra look good to buy in this choppy market , If it opens below and continue to trade below 1640 then ignore this call.
Looks for Short with Slop loss of 2400 and target:2100