buy sun pharma at 474-475 with s/l 468, target 490
M_M has been on down trend after making highs of 1000 in 2018. Stock has shown good strength in this rally from April 1st week. It will turn bullish for longer term only if trades above 620 levels. Below that it can always continue its journey downwards. For trading perspective, we can look to buy above 520 levels for 590-600 and s/l below 500. And if fails to...
So, if price falls back to recent lows of 270-280, which is not very unlikely, ICICI bank can be in big trouble if this H&S come into play. break below 270 levels can take stock to the lows of 2016, i.e. 160-170
Nifty is trading in the range of 9950 and 10300, this zone is no positional trade as of now, do not commit on any side as of now, short term trend is still uptrend. We will keep on looking for intra day shorting opportunities as long as it is failing to sustain above 10300. For positional short it should close below 9930 at least. Upside has another immediate...
levels marked on chart
Sell D Mart below 2360 for t1 2300 and below that 2200. If it gaps down, don't just trade, wait for retest or some action before deciding an entry
ICICI bank had a good fall in this week and failing to recover, looking to short below 345. for target around 290. s/l is above 360 on closing basis, Best way to enter will be fall from 345 and retest
RBL can be sold below for 130 for target of 100-105, Follow break and retest strategy to enter, do not enter at first break of 130, it might come back from 126-127. No short position if it holds above 132
Can be bought 1440-1450, s/l 1410 . 1st target 1540, then wait for break out and retest for higher targets. R:R is around 2.5:1 for first target
Sell if rejected from 21550 or below 21300 for target 20950
Will look to sell below if falls and hold below 780, for target of minimum 730
price consolidating at the moment, it can take any direction, watch out for break on either side
Looks like party is over for reliance industries investors, RSI divergence and Double top, though a little early to call, Will look on daily charts for shorting opportunities
Why PVR is moving up as this is one of the companies to lose most from pandemic, I doubt they will be able to come back to same kind of business for atleast a year, also you can't short on this chart. As said by great man, Markets can remain insane for longer than you can remain solvent. So Wait and watch is the game here, will short after we get some good signal...
Stock failing to breach local of 205 in multiple attempts, will look to sell below 197 for a target or 187 and below that 170. Managing loss are very important , it should be sold if untill friday's low is broken. holding above 200 will make this trade invalidated. We need to define our both sides exit points before getting into trade. And wait for confirmation to...