swarajhanspal

swarajhanspal

MRF moving within parellel channel; probably going to reverse back after touching the upper limit of the channel; Target 1 .. 104000 .. approx 4 percent by Sep end. Further targets of 102000; 100,000 possible by Sep-Oct

swarajhanspal Updated 

Tata motors is quite overbought; it has reached the targets given by brokerages, all set to correct in coming few weeks. Today inverted hammer candle has formed on daily time frame. Short Tata motors for targets 630, 600, 580 within 1-2 months

swarajhanspal Updated 

Positional target of atleast 4740 (2% approx) is imminent. Further targets of 4700,4650 possible within 1-2 months.

swarajhanspal

Over bought condition on daily and weekly time frames. Auto sector headed for correction. Short for targets 250, 240 and possibly more in 1-2 months

swarajhanspal Updated 

Short banknifty at current level of 43300 approx . First target 42700 . Second target 42300 by may end or max June.

swarajhanspal Updated 

Short ICICI Bank for positional targets -1, 925; 2. 900,; 3.850 by July Expected breakout of triangle pattern before 6 June; most likely on the downside considering banking sector has a correction in the waiting.

swarajhanspal Updated 

Auto sector has almost peaked. First target 4400 (2-3 % ) ; second target 4300 by June end . > 90% probability .

swarajhanspal

Positional targets as told. Icici bank is a shorting opportunity right now rather than a long opportunity. Broken lower trendline already .

swarajhanspal Updated 

Profit booking expected in eicher after it has moved 6% up ..overbought condition

swarajhanspal Updated 

Short Tata motors as per trendline shown -- Target 423 in coming 2 weeks. Stop loss 455 upper (trendline) its movement is expected to parallel Nifty, if Nifty gives breakout on upper side then Tata motors will too. But more chances are that it will go down from here and so will Nifty

swarajhanspal Updated 

Short Indus IND Bank. Target 2-3% within 1 week. Moving between trend lines as shown

swarajhanspal Updated 

Reliance to touch trend line soon . Target 2450 NSE:RELIANCE