Investment Pick: BUY TATACOFEEMomentum on Buy Side is Huge.
Broke Recent 2 Bull Fractals implying change in momentum shift towards Bulls.
Currently KS is at 150 Level and Immediate Target would be 196 Level.
Nsestocks
Yesbank NSE Indian Stock long bias at new demand zonesPrice fell short of retracing to Yesbank NSE Indian Stock weekly demand level around 319 and kept on rallying strongly in a big picture uptrend. New weekly demand level created higher around 351, price did retrace to this weekly demand imbalance, playing out nicely. Long bias at new areas of demand on Daily and Weekly timeframes
NMDC looks to be moving down as a Zig Zag correctionIt looks like NMDC has just completed a 5 legged up move with the Wave 5 being an Ending Diagonal.
Currently it looks like the market is moving down in a Zig Zag corrective structure and can see atleast one more leg down.
It should be noted that I do not track this instrument and this is my first look at it.
Hindustan Unilever #HINDUNILVR Indian Stock buy setup at weeklyHindustan Unilever #HINDUNILVR Indian Stock buy setup at weekly demand level around 924.
Very strong departure. Previous weekly demand at 771 played out nicely
Long idea D-LINK Hidden +ive divergence in RSI.
Multiple tops around 145-147 area.
Buying above 149 with sl of 122 for 179-189
LONG idea INTELLECT DESIGN1) Morning star candlestick pattern at support
2) positive RSI divergence
Buying above 125 with 107 sl for 155 - 175 targets
Long idea PARRYSUGARI will buy this above 64 with sl of 60 with a potential target of 94-130.After decline for months, stock has given breakout, pulled back and then given a candlestick buy signal
Long idea UltraTECH CEMENTRounding bottom breakout followed by test of breakout zone and consolidation.
Target, SL as in chart.
Short on RalliesVEDL is very close to completing a 5 wave structure that started in Feb 2016. We are currently in wave 5 of 5, which should complete very soon. The stock has given almost 5x returns in 1 year, expect the correction to be relatively sharp.
TatamotorTatamotor result day, don't know about result, but if result is bad then may fall to these levels, SL 510
Bank Nifty Bank Nifty Look like a crab pattern in 30 min, target 18700, its a positional call so stop loss according to one risk appetite.
NIFTY BANK TGT 18000 SL 19000 #NSE0.5 retracement level coincides with previous resistance levels. Moreover, RSI shows lower momentum in the same time period.
Buy Andhra Bank TGT 71 SL 54(closing )#NSEAndhra Bank shows start of a long term uptrend after reversal confirmation. Awaiting the results on 6th August, taking a bullish position with mentioned marks could be positive.
Jain Irrigation in trade range #NSEJain Irrigation is trading between the levels of 68-76. Any breakout outside these levels will start a new trend, hence position building would be preferred after that event. As of now, since the price is in a trading range, buying at lower band (around 68) and selling at higher (around 76) would be appropriate.
