Balrampur chini is buy 400-410 for 440/450. Above 450 we will see all time highs again. RAW SUGAR price is at multi yr highs sending buy signals in all sugar stocks. Invalid below 385 closing
INR vs USD (W) charts suggesting that breakdown of ascending triangle can trigger and INR can move towards 80/79.5. Weakneing of DXY also suggesting the same
BUY HINDUNILVER FUT 2560-2590 FOR 2630/2660. Bullish engulfing with golden crossover happening. Target till trendline merging. invalid below 2520 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.
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.
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.
Buy BHARATFORGE 790-810 FOR 850/890. Invalid below 775 on closing basis.
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 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
BUY INFY above 1565 breaking out of inverse h&s pattern on weekly timeframe. TGT 1690/1720. invalid below 1540 on two days closingbasis
Buy Naneetedu above 130 for 155/170/200. On weekly chart it is on verge of breakout with volumes supporting. After breakout keep sl around 115 range on weekly closing basis
Short Tata Power fut near 199-204. Target 185/180 and 165. Invalid if Tata power stays above 212 on two day closing basis. max hold till 215 levels. Risk reward ratio 1:2. Breakdown of big support and looking over to come into Bear grip soon.