Positional short on rise in Bandhan bank till 240. Sell on rise for 180 levels. Lower trendline support coming at 180 range. Invalid above 245 on 2 days closing basis.
BIOCON now available near 220-230 weekly levels which are multi year support range. BIOCON should witness at least 20% bounce from here to test it's 200WEMA. If falls below 210 on weekly closing basis the lower levels of 140 to 120 can be seen.
Sell JUBILIANT FOOD (W) 460-490 for 400/380/360. INVALID if stays above 510 on weekly closing basis. Perfect rounding top and falling below 200WEMA
IGL, 425, making inverse head and shoulders pattern where breakout will be above 440 closing. apart from H&S, cup and handle is also there. Target will be 475 to 490 range. invalid below 410 when trade is active
TFCI, 81, on verge of weekly breakout above 83 range. Above breakout we will see 105-120 range as technichal target. Invalid if falls below 75 range on weekly closing basis
Rane Holding 940, after breaking out of DARVAS BOX at 700 range is now making Inverse Head and Shoulder on Daily charts. Stock is likely to deliver 2x returns in next 12 to 18 months. Keep qty low and look for big targets
Buy BHARATFORGE 790-810 FOR 850/890. Invalid below 775 on closing basis.
Laurus lab has witnessed death cross after results when NIFTY atempting to reach 18000. At very strong support at 450 knocking to fall down. Short for 390 to 360 in coming months. Sl above 470 range on weekly closing basis.
SOM DISTTLERIES making perfect rounding pattern on big timeframe. BUY, 80 till 60 for 95/125/150. Invalid below 55 on weekly closing below
Short Biocon 308, on every rise till 314 for tgt of 295/280. Invalid above 319 closing basis
Buy DR LALPATH 2300-2350, for 2450,2600/2650. invalid below 2230. Stock has given double bottom breakout with all leading indicator turning bullish
Buy RADICO 900-950, for 970,1020,1040. Perfect rounding bottom happening. Invalid below 890 on closing basis
Buy Monte carlo 700, till 580 for 950,1050. Double bottom made at 450 range and stock is regularly surging higher. Today at 700 is highest weekly close. Exit if falls below 450 on weekly closing basis.
DCB bank above 90 is giving long trendline resistance breakout. Buy above 90 for 100/105. Sl near 86.5 on closing basis
NIFTY succsefully trading above bullish crossover with 17600 and 17500 strong support. Nifty trading in rising channel above all near term resistance. No leading indicator suggesting worry. Buy on Dips for 17980/18050/18180 and above that only we will see 18400+
BUY EICHER MOTOR 3020 FOR 3150/3280 and 3500. Invalid below 2910 on two days closing basis. WHole auto sector is bullish
TCS after H&S breakdown at 3400 is now approaching 2900 levels. 200WEMA is near 2700 zone. Best levels for long term adding in range of 2700-2900 anyhow with conservative 10% CAGR for next 3 years. Risk reward ratio is 1:2
Buy MCX 1370-1410 for 1510/1620. Invalid below 1340 on two day closing basis. MCX crossed both weekly and daily 21ema and sustaining. After making tripple bottom stock is now ready to fly