Reliance Capital Reliance Capital Stock was unable to cross the Fibo fans and also price got rejected near 200 DMA.Stock has seen a correction till 365 which a very important support level.Any close below 364 will give a swift correction till 343 odd levels. Close above 377 gives short term target of 411. Buy above… Read More »
Mcleod Russel Mcleod Russel stock on daily chart is forming a perfect symmetrical triangle, Triangle breakout happens above 289 and breakdown below 275.So watch out for breakout/breakdown move. Positional target for breakout comes at 325 and breakdown comes at 254. Buy above 283 Tgt 287,293 and 298 SL 280 Sell below 276 Tgt 271,266 and… Read More »
Bata India Bata India has been respecting the fibo fans level and stock has broken the 3X8 line of fibo fans with bearish engulfing pattern.Break of 892 can lead to further weakness in stock till 843 odd levels. Buy above 904 Tgt 915,923 and 932 SL 895 Sell below 892 Tgt 882,870 and 850 SL… Read More »
Hero Moto Hero Moto stock has entered in crucial resistance range of 1809-1830. Unable to cross the range can see stock pullback to 1741 1700 odd levels.Any close above 1830 stock will rocket back to 1900 odd levels. Buy above 1791 Tgt 1810,1830 and 1850 SL 1771 Sell below 1760 Tgt 1741,1727 and 1710 SL… Read More »
Bank of Baroda Bank of Baroda stock has been trading in range of 540-595 for past few trading session.Unable to cross 595-597 range tommrow we can again go back to lower end of trading range. Buy above 595 Tgt 599,606 and 610 SL 589 Sell below 583 Tgt 578,574 and 568 SL 589 Shriram… Read More »
Reliance Reliance after breaking out of its Flag pattern has shown 4% rally and formed a DOJI pattern yesterday signalling a good move is on the cards.Stock has closed above its congestion zone of 903 and can see an upmove till 950 odd levels. Buy above 921 Tgt 926,932 and 940 SL 917 Sell below… Read More »
TCS TCS will be coming with its results on Tomorrow evening. Stock has been on dream rally in spite of rupee falling from the high of 61.Stock made a fresh high of 1685 today. Negative divergence can be seen in RSI,Stoch. TCS is also approaching its Gann Fan resistance of 1716. Positional traders keep an… Read More »
IndusInd Bank IndusInd bank saw an 8% fall yesterday falling near its short term rising trendline and its 100 DMA also.Breaking of support of 461 and closing below it .Stock can see a pullback till 432 in short term. Buy above 473 Tgt 479,484 and 489 SL SL 470 Sell below 460 Tgt 456,451 and… Read More »
Tata Steel Tata Steel has been falling like 9 pins,stock has been a worst performer in Nifty 50. Stock is trading a crucial Fibo number of 254. Any close below it on closing basis can see stock pulling back to 233 odd levels,Holding 254 can see a bounceback till 288 odd levels. Buy above 261… Read More »
Maruti Maruti has broken below its symmetrical triangle, 200 dma and Gann number of 1453,suggesting weakness in short term. Unable to close above 1453 in next 2 days gives short term target of 1364 Buy above 1464 Tgt 1485,1500 and 1520 SL 1460 Sell below 1438 Tgt 1422,1400 and 1380 SL 1447 SBI… Read More »