Buy State bank of India witl Stop loss of 176 for target of 200 and 229
Bank nifty had formed shark pattern on hourly chart and can be traded as per Stop loss and target mentioned on chart.
XABCD battern completed for sun pharma and its good to short below 454 with target of 432 and 424 . Maintain stop loss of 475
Tata canbe bought with stop loss of 275 for target 340 and once it crosses 340 need to review once again.
Maruti can reverse after 5725 and it breaks 5724 on closing basis then may touch 4725
TCS had made long Red line and it could be due to selling pressure in market .Trading strategy can be consider once traded above 2000 with Stop loss of 1934
BEL is trading below 3 drive next lower side target should be 58,53 and 41-43. I will review for Buy position once it reaches 41
Buy NTPC with Stop Loss of 79 for taget of 88 and 92 .Trading volume and delivery quantity increasing at lower levels.
DJI index can be looked with stop loss of 22752 for target of 25061
Lupin is sleeping from very long time but now had given good breakout and am buying this from some time as part of SIP its buy pick from my side with stop loss of 535 for target of 730 . Will review one again if its crossed above 775
I think any kind of recovery will be lead by pharma stocks so I came out with SUNPharma which can be bought with Stop loss of 368 or 342 for long term investor in near term it may touch 424 and if able to sustain above 454 then will go to 525.
Risk taker can trade ONGC 70 CALL option arounf 5 to 5.5 with stop loss of 4 for target of 7 to 8rs.
NMDC having dividend yield of 10% and good to buy in this range . I will be buying this stock in range of 70 to 75 for long term target of 91 and 115
Vedanta can be accumulated for long term on lower level looks good at this price level . Above 72 will turn into bullish zone , possible target on upper side 84 ,95 and 112 but I am will holding this stock for next 2 year for target of 235.
Dow can be consider as reversal on above 23393 but many fundamental question remain open how long Corona manpower crisis can be handled through infusion of money . I have heard from many elder person that money is not solution of all problem.And I am still on bearish side that it will break 21227. Final remarks : Hope for the best and prepare for worst.
personally going to buy 145 put option @1.05 ,will keep stop loss on spot level of 162 and target of 148
Buy TSLA @530 stop loss of 527 for target of 546