20870 is the support for Bank Nifty. Below that we can expect 20350
If ITC gives a pull back to the 236-233 region one can go long for a good RR
L&T has not participated in this bull run. Stock has broken the trend line. Is it a trap for the bears? Tomorrows close holds the key. If we see a Pin bar/Piercing candle after tomorrows close it can be a good R:R bet on the long side
HDFC bank seems to be making a H&S pattern. Can go short below 1270 with a SL @ 1290 for a good R:R
Since the pharma index is showing strength, one can go long in Auro pharma above 490-500 for a target of 540-550 with SL @ 475
fall back to the 236-233 region can be used for going long with SL @ 230 and probable target of 250
Stock looks good for long above 265 with SL @ 253
Stock formed a double bottom and gave a BO above previous SR. Stock has pulled back to the BO level and started moving up again Above 227-28 stock can go up to 255-60
Stock has formed a HH and LL. On pull back to the 1335-1340 zone can initiate short with SL @ 1345 for a good RR
If stock takes support @ 9320-9300 levels can go long with SL @ 9275 and Tgt of 9480-9500.
Stock seems to be in accumulation stage between 920-1000. Looks like a decent bet. Do your own due diligence before taking trade
The stock has made a HH and LL and has given a pull back setting up a perfect Quasimodo pattern. Can consider shorting this in the region of 1540-45 with a SL @ 1555 view negated above 1555
Axis has formed a H&S bearish pattern. Break of 705 can see 655-645 level