Lupin Lupin trading in the sideways trading range,Unable to close above 888 stock is heading towards 840 odd levels. Buy above 878 Tgt 885,891 and 896 SL 874 Sell below 872 Tgt 866,861 and 856 SL 875 Hindalco Hindalco has formed a double top pattern. Buy above 120.5 Tgt 121.5,123 and 126 SL… Read More »
SBIN SBI has been forming multiple bottom near 1597 and upper trading range is getting reduced,signalling explosive move round the corner. Buy above 1665 Tgt 1675,1690 and 1710 SL 1660 Sell below 1649 Tgt 1636,1610 and 1597 SL 1660 Crompton Greaves Crompton Greaves has formed a bullish engulfing pattern and is trading near the… Read More »
Kotak Bank Kotak bank is a classic example of support becoming resistance.As seen in above chart 690 was strong support and now it has becomes a resistance. Short term bullishness in stock will come only above 700 for a target of 754. Buy above 686 Tgt 694,703 and 715 SL 680 Sell below 679 Tgt… Read More »
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 »
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 »
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 »
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 »