Maruti Udhyog
Maruti has been trading in the range of 907-1008 from past many trading sessions. Yesterday it made an attempt to close above 1010 but supply pressure came on higher end.
One positive thing close above 50 SMA @972 is positive for the stock in medium term
Buy above 1010 Tgt 1020,1036 and 1049
Hindalco Industries
Hindalco after long time has closed above its 100 DMA.Support becoming resistance for Hindalco Rs 130 as shown in above chart.
Close above 100 DMA is positive for Hindalco but RSI is overbought and will be turning down. So cautious approach should be the view on long trades.
Sell below 132.1 Tgt 130.4,129 and 127.7
Keep Sl of 130 on all positional longs in Hindalco
TCS
TCS limited will be annoucing its results today. Stock is trading at its gap area and near 200 DMA.
Trend line resistance is shown in above chart.
Gap exits at 1115-1133.
Above 1115 Gap Filling start.
Buy above 1115 Tgt 1133,1157
Sell below 1100 Tgt 1087,1065 and 1052
Dear Bramesh Sir,
Do you have a paid service ? Also give more details on technical course.
Firoz Hajiani
Hi Sir,
I do not provide any paid calls, I do conduct trading course and have sent you details.
Rgds,
Bramesh
Hi Bramesh,
Hindalco was hovering around 110-120 for quite some time. Is there any news on the court case pending against Hindalco? I believe this was the reason for the lag. Unless that is cleared, how can we assume it will go any higher?
Dear Sir,
We trade on levels and charts only. News has no role in our trading.
Rgds,
Bramesh
good reports,
thank’s
add me
I am hiren shah from Ahmedabad
Cell no. 9227217555
Dear Sir,
Please add your account in my feedburner list. It is present on right side middle MAILS IN YOUR INBOX.
You will get the post as soon as it get published
Rgds,
Bramesh
Dear Ramesh,
Thanks for the Technical call on Maruti, Hindalco and TCH, but during its presentation, Nifty FII F&O analysis has been missed. as most of your followers are interested in Nifty, so I request you to please do not escape the FII F&O analysis at any cost and present it regularly…..
Thanks and regards
CM Gupta