suryaraj

suryaraj

NSE:ICICIBANK ICICI Bank has touched the upper line of the channel and forming (in process) bearish candles. This may lead stock correction towards 453-457 level. May create Short around 487 level with SLTP around 500.

suryaraj

NSE:RELIANCE Long term trend line (without log. It looks like one top has been formed on chart after the formation of duo bearish candles. Good correction expected.

suryaraj Updated 

Short can be created for a TGT of 720 and Sltp of 790

suryaraj Updated 

Jk tyre NSE:JKTYRE looks weak. Any short position can be created around 172-173 with Sl 177. Stock should come down to 163-160 levels

suryaraj

Motherson sumi NSE:MOTHERSUMI -4.49% has posted very weak q3. Any up move can be utilized for creating short. Can go short around 347-348 with Sl 354 . Stock should come down to 339-335.

suryaraj Updated 

SBI NSE:SBIN after weak Q3 results stock witnessed short positions building up. With upside resistance of 297 as SL we can go short. 1st Target would be around 275.

suryaraj Updated 

Jk tyre NSE:JKTYRE long position building up. Can be bought with SL 167 and Target of 190

suryaraj Updated 

After long time of consolidation and very good Q3 results NSE:ITC has given technical breakout. Can go long with target of 288 and then 300 with sltp of 275.5 NSE:ITC

suryaraj Updated 

Bank Nifty at current level 23900 is showing bearish divergence and chart is also exhausted in upward direction. Minor correction expected before any next big up move. We can go short with a target of 23700 and SLTP 24000

suryaraj Updated 

Retraced to 693-695 is good level to go long. We can buy in futures at 694-697 with a tgt of 709-712 with SLTP 685