Indigo reversing from the support line. One can be long for a target of 50 points.
Short in Auro Pharma. Prices are in a strong downtrend and we see price showing a corrective bounce towards the falling trendline and at the flat horizontal level. Sell at : 642 Target : 600 Stop Loss : 664 Risk Reward Ratio : 1:2
NCC moving in an upward wedge. Buy at : 97-98 Target : 124 Sl : 92.6
Triangle breakout in Manappuram Finance. But at: 139-140 target: 150 SL : 134
Prices have broken out of a down-sloping wedge pattern. We see a positive divergence in MACD histogram and MACD has given a buy signal. Buy at: 290-295 Target : 303-305 SL : 285
Gail is near around a major resistance near 365 which is also a neckline of an inverse H&S pattern. Buy above 365 if it breaks with good volume. Target : 400+ SL : 355
Mentioned in the chart.
One can take a long position in Nifty for a taregt of min 100 points.
HDFC bank is at resistance line. Go long if it breaks that line and short if it unable to break.
Safe traders may look for shorting 23900 or 24000 PE whereas risk takers should look for shorting 24100 or 24200 PE.
Reliance is currently at its resistance line. If it breaks above it go long otherwise go short.