Lupin Lupin formed a gravestone doji pattern within a symmetrical triangle formation and looks ripe for a explosive move. Buy above 859 Tgt 867,875 and 886 SL 855 Sell below 852 Tgt 847,840 and 833 SL 855 Rel Infra Reliance Infra after falling yesterday is approaching its support of 100 DMA,Holding 369 stock will bounce… Read More »
IDFC IDFC is again taken support at fibo fan on weekly chart. Positional trades watch for close above 89 for target of 92 and 97. Intraday traders can use the below mention levels Buy above 89.8 Tgt 91,92.5 and 94.4 SL 88.8 Sell below 88.5 Tgt 87.5,86.4 and 85 SL 89 Sun Pharma Sun… Read More »
BHEL BHEL has formed a bullish engulfing pattern today,any trade above 145 can lead to further rise till 149 odd levels.Positional traders keep eye on 144 odd level any close above it BHEL is heading towards 156 odd levels. Intraday Traders can use the below mentioned levels Buy above 145 Tgt 148,149.5 and 152 SL… Read More »
Hindalco Trading in a perfect up trending channel. Any break below 110 can see the stock sliding towards 102 odd levels in short term.Trading above 113 will take the stock to its recent swing high of 119. Intraday Traders can use the below mentioned levels Buy above 114 Tgt 115.3,116.7 and 119 SL 113 Sell… Read More »
Rel Infra Reliance Infra was unable to close above its 200 DMA and also closed below an important gann number of 412.Any close below 398 will lead to further downside till 390 and 377 in short term which can be capitalized by swing traders. Bullish only on close above 412 for a short term target… Read More »
LT LT trading in perfect up trending triangle and has taken resistance at 100 DMA, Any close above 898 will give short term target of 932, Failure to do so LT is falling back to 843. Intraday traders can use the below mention levels Buy above 898 Tgt 906,920 and 932 SL 888 Sell below… Read More »
PNB PNB has been following its fibo fan perfectly. Stock is near very important Gann number of 521. Any close above 521 gives short term target of 555. Intraday Traders can use the below mentioned levels Buy above 521 Tgt 527,534 and 540 SL 514 Sell below 512 Tgt 508,500 and 494 SL 514 … Read More »
ITC ITC is near a crucial trendline crossover which can lead to an explosive upmove and downmove. Any close above 343 gives short term target of 356 and 364. Intraday Traders can use the below mentioned levels Buy above 341 Tgt 343,345 and 350 SL 339 Sell below 334 Tgt 331,325 and 321 SL 336… Read More »
Reliance Industries Reliance Industries is forming a triangle pattern and multiple tops in range of 892-893. Positional traders should look for a close above 898 for short term target of 932. Intraday Traders can use the below mentioned levels Buy above 898 Tgt 903,914 and 920 SL 894 Sell below 884 Tgt 880,876 and 866… Read More »
TCS TCS is holding the support of its fibo fans as shown in above chart. Any close below 1974 will lead to further downfall till 1880, 1830 odd levels in short term. Intraday Traders can use the below mentioned levels Buy above 2000 Tgt 2017,2045 and 2067 SL 1988 Sell below 1974 Tgt 1946,1917 and… Read More »