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Stlop loss and target highlighted in chart

shashankpt Updated 

HLL looks for short not only based on pattern but also decrease on volume on weekly basis. will be good if short position created in range of 2320 to 2340 Stop loss 2420 Target :2020 Observations: 1.Decrease in price for May future contract with increase in OI 2. Decrease in 1Week volume 3.April Call OI is :1,569,300 and PUT IO :950,100 4. In May Contract Call...

shashankpt

Bodal chemical looks good to buy at this position with stop loss of 50 for target of 59 to 62 and once it crossed 67 will review once again.

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Lupin had given triangle breakout and it can go up to 910,968 and 1048. Stop loss is 796

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Hourly chart of lupin indicates weakness. My observation is as below 1. Its completed ABCD pattern on Daily chart after that facing resistance Fibo of 2.618 (853 price levle) . ABCD completion reflect on hourly chart 2. Rounding top is formed and double top formation on upper side also taking support in range of 790 to 800 and this will act as stop loss for long...

shashankpt

Reliance is looks good to short after completion of short with stop loss of 1454 for target of 1320 ,1280 .Please note this pattern is valid once traded over 1510

shashankpt Updated 

Short position can be created on HDFC life insurance below 490 for target of 457 and 434. it can also traded with option of 450 which is trading at 3.50

shashankpt Updated 

Fibo trend indicate that HDFC bank might go upto 1027 and stop loss should be 915 on closing basis.

shashankpt Updated 

Buy Britannia for target 3118 with stop loss highlighted in chat .

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Nifty analysis based on hourly. Stop loss and target indicated in chart

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Reliance Strategy Scenario 1: In current price pattern go short in range of 1240 t0 1280 with stop loss of 1240 lower target 1180 and 1104. Scenario 2: Wait to price go up as extended rally of 1324 with stop loss of 1344 -------------- Reliance future showing decrease in open interest,Volume and increase in price

shashankpt

Break of 500 level will take it into another phase of bull and break of 564 in short span can bring to 445 and its strong support for it but closing below 445 will drag it down further to 424.

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LT had completed ABCD pattern and looks for short position with stop loss of 950 for target of 866 .can be traded with PUT option of 900 which is currently traded at 20 rs.It not only completed ABCD pattern but alos doji candle formed at upper level apart from this in spot this stock had shown decrease in volume by 38% on weekly basis.

shashankpt Updated 

Buy TCS based on hourly chart stop loss of 1780 for target 1857 and 1970

shashankpt

On weekly chart tata steel completed correction based on three drive pattern and looks good investment pick for target of 348 and next could be 500.

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Tata motors can be bough with stop loss of 69 and all target are highlighted in green color

shashankpt

Based on my study BEL can be bought with stop loss of 55 and target are highlighted in green color line. It forming head and shoulder pattern on daily chart

shashankpt

Asian paint ahd completed ABCD pattern and volume on weekly basis had decrease so it can be considered for shorting with stop loss of 1780 .Targets are highlighted in chart