UPL might break 825 in the coming week and move high. SL should be placed at 788.
Buy TataElxsi on dips with SL of 829 and targets of 872/881.
One may buy TCS with a SL of 1879 and targets of 1941/1960 in the short term. A buy on dips shall present a better R-R ratio.
One may buy Havells on dips with SL of 673 and targets of 705/710.
Buy TataGlobal for the coming week on a dip with SL of 176 and target of 194.
HCLTECH is showing a converging MACD and is in an overbought territory. Levels mentioned.
Nifty gave up all the gains that it had made and eventually broke 10600 to make an intra day low of 10585. Hence with this setup it is advisable to sell nifty on rise and there is a high probability that it will break today's low tomorrow. A dilemma to this is that a lot of supports lie in this 10510-10570 range and hence there is a...
Buy Pidilite NSE:PIDILITIND on a dip with SL of 1044 and target of 1090/1107
Buy Tata Power for the coming week on a dip with the SL of 64 and a target of 72.
Buy Vedanta for a short term on a dip around 149-150 with a SL of 144 and target of 160. A converging Macd and a rising Rsi from oversold region indicate a short term bullish undertone.
Escorts might have stalled the downtrend for a while and is likely to move towards 690-700 in the short term. One can buy on a dip with a SL of 598.
Like Bank Nifty, Nifty also made a new low in the final 5 minutes of the trade which is not a good sign for the bulls. This move happened in spite of the US markets showing a positive close. This does not spell good for the markets and one should wait for the market to indicate the move as supports are placed at about 60-100 points. So as per today's close ,...
Buy Raymond on a dip with a SL of 673 and target of 692.
Buy Britannia on a dip for short term with SL of 2750 and targets of 2950/ 2995
Bank Nifty made a new intra day low in the final few minutes of close which does not spell great news for the bulls. It is about 150-200 points from testing the January '19 low of 26441 and December '18 low of 26408. One should await this move and see the behavior at the levels and wait for a confirmation in either direction. With the present scenario it is...
Divislab is highly likely to break 1600 in the coming fews. It is in a overbought zone and RSI has given a sell indicating a move south for Divislab. #Shortterm. Adjust trading volumes as per entry price. Disclaimer : All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or...
An excellent concept of divergence was shown in the charts of GLENMARK Pharma when a revisit of September 2018 heights happened in the first week of January 2019 but then it happened with a decrease in the momentum in the move and hence it was imminent on the RSI. A double top and a divergent RSI were perfect indicators to show that the move in GLENMARK would...
Buy Jetairways for week on a dip with a stop below 202 and targets of 245 and above.