thechama3

thechama3 Updated 

One might see JSWENERGY on rise with potential targets below 70 and SL of 77.5. Adjust volumes as per entry price and SL

thechama3 Updated 

Sell Indiacements with SL of 117.3 and target of 104.7.

thechama3 Updated 

One might sell Nifty for the coming week with the SL of 11765 and target below 11550. Bank Nifty gave a negative close after 6 weeks which might aggravate the move on the downside. One might want to avoid aggressive positions as the elections get started next week. *All levels are Cash levels.

thechama3 Updated 

Sell RBLBANK on rise with SL of 701 and targets of 640/620 in the days to come. It would be a wise idea to book profits on Longs.

thechama3 Updated 

Reliance Industries might move towards 1340 in the coming week and hence a sell on rise could be warranted. Need to adjust the SL as per the Entry price.

thechama3

Tata Chemicals might move towards 625/635 in the coming days. One might buy on dips as an upmove might be on the cards as seen from the converging move on the MACD. A confirmation on RSI has already been obtained.

thechama3 Updated 

One might want to sell Nifty on rise based on today's price movement with SL placed at 11740 and targets of 11630/11591. All levels are cash levels. A divergence is seen on the RSI and price action on the Bank Nifty also supports the move. Its a good idea to book profits on longs and wait on the sidelines.

thechama3 Updated 

One may buy Motherson Sumi on dips with targets of 152.5/156.8 with SL placed at 138.9. Adjust volumes as per entry price.

thechama3 Updated 

One may sell Grasim on rise with SL of 842.5 and target of 820.1.

thechama3 Updated 

One may sell Bank Nifty on rise with SL of 30280 and a target 29788. One might choose to sell the 30300/ 30400 CE options on rise depending on the risk profile. The mentioned levels are cash levels and are valid only for today.

thechama3 Updated 

One may sell ONGC on rise with SL off 163.5 and targets of 158.5 and 156.5. Adjust the volume as per entry price.

thechama3 Updated 

Voltas might breach yesterday's low of 598 in today's trade and hence one might sell on rise. One may need to adjust the trading volumes as the SL is placed at 613.5.

thechama3 Updated 

One may buy Tornt Power on a dip for today with a SL of 250.7 and target over 256. Enter as per convenient Risk-Reward ratio.

thechama3 Updated 

One may sell Tornt Power on rise with SL of 271 and targets of 258/251.5 in the short term.

thechama3 Updated 

Sell Tatacomm on rise with SL of 625 and target of 565. A confirmation on RSI has been obtained. A convergence on MACD is on the cards. One can book profits on long positions.

thechama3 Updated 

Sell Ujjivan on rise with SL of 348 and targets of 325/316.

thechama3 Updated 

Nifty with today's close gave a bearish candlestick pattern on a 'weekly' basis which tells us that it will break 11400 in the coming week and move towards 11350. One may sell Nifty on rise with SL of 11575 and targets of 11400/11350. The Bank Nifty has also given the same kind of pattern and hence the downward move will have help from the banks as well. So a...

thechama3 Updated 

Bank Nifty with today's close gave a bearish candlestick pattern on a 'weekly' basis which tells us that it will break 29350 in the coming week. One may sell Bank Nifty on rise with SL of 30030 and targets of 29150/29000 . The Nifty has also given the same kind of pattern and hence the downward move will have help from the Nifty heavy weights as well. The Rsi has...