HCL TECH : CMP 1134 SUPPORT : 1010-1030 TGT : 1215/1305 IT index is going to support the NIFTY as most IT stocks is showing similar trends, Our pick is in this segment is HCLTech CMP 1134 has good support at 1010-1030 which is 50% retracement of recent high 1149 and about to breach the high and is heading towards 52wk high 1215 and if we consider Ellliotwave then...
BUY at CMP 1355 or any correction between 1310-1340 with SL 1280 TGT 1450 1. Crosses ichimoku cloud and TK cross over. 2. MACD bullish cross over 3. ADX=34>25, DI+>DI- 4. RSI = 70
Both stocks have similar patterns so we used daily chart to make an entry and keep holding until we hit both targets. Ichomoku cloud break out TK cross over MACD bullish cross over RSI>60 ADX>25 DI+>DI- Gujarat Alkali BUY 608 SL 588 TGT 670/850 Mahindra Ltd. BUY 819 SL 798 TGT 850/880
We were mildly bearish on Bank Nifty early on but around 1:30 pm there was trend reversal and we switched our mildly bearish to bullish view and just keep trailing SL. TK cross at 38850 MACD cross over ADX>25 DI+>DI It crosses VWAP, VWMA, took support from Super trend.
It is above moving average(10,20,50 days) which is a bullish sign. Cloud break out around 1772, followed by TK crossover. MACD bullish crossover n all 15min, 30min, hourly chart support bullish momentum. With pivot around 1766 which will act as support for short term.
Stock price has broken out on the daily chart with higher volumes. ➢ Short term trend of the Stock is positive where it is trading above its 5,20 and 50-day EMA ➢ Oscillators like RSI and MFI is showing strength in the current uptrend ➢ Plus, DI is trading above -DI while ADX line is placed above 25 Indicating momentum in the current uptrend ➢ TK cross over...
It broke 3124(R1) and now about to break 3168(R2). MACD cross at 3122, RSI indicates more upside. TK cross over at 3088 on hourly chart. Ichimoku cloud break out at 3101 and look set for getting close to nest resistance 3256 which is close to our TGT.
Short Term Cash Buy UJJIVAN @219.65-220.65 SL 213.4 TGT 233(Bullish breakout post consolidation) Pivot break out on hourly chart at 214. R2 breakout at 221 it's currently at same price. TK cross over and cloud break out. MACD cross over indicates more upside so go LONG.
Short Term Stock Option Buy GRANULES MAY CE 350.00 @15-15.9 SL 9.40 TGT 27 15 min data has cross over on ichimoku chart TK cross over at 336, followed by MACD cross over and RSI also indicates upside possibilities.
TK cross over at 3772. MACD cross over 3770. Moving averages and oscillators 14/14 indicates BUY signals. Break R1 3759 next resistance 3959/4446. 30 min chart and daily chart is positive and hourly chart also improving. Pharma is hot pick again due to second COVID-19 waves. Most of the pharma are on the BUY side CIPLA, Dr Reddy, STAR, and others.
Ichimoku cloud break out TK cross over MACD cross over Strong support at its pivot 4062 First resistance 4215 Minimum TGT 4300
BUY JSPL @284 SL 270 TGT 310/325 It has pivot breakout on the daily chart at 276 TK cross over at 266 on 30 min chart. MACD cross over indicates favorable buy. GO long with 5-7 days TGT and book in the range 310-325.
CMP 820 (JAN EXPIRY) TGT 870/910 SL 772 #It is near all time high 829. # short term moving average is above medium to long term average. #Pharma sector is outperforming in last few months. #DMI indicator turns bullish on the daily chart. #RSI and MACD also indicates strength on daily and weekly chart.
Short Term Cash Buy CENTURYPLY @229.05-230.55 SL 225.5 TGT 241(Expect an upmove in shortterm) It broke the resistance on daily and hourly chart and next resistance 242. TK cross over at 223 and if stays above 229 we expect sharp move on the upside.
Short Term Cash Buy DRREDDY @5070.00-5075 SL 4945 TGT 5300 (Bullish breakout post consolidation) The stock price is 1% lower from intraday high so good entry level. Break resistance 5011 and 5006 on daily and hourly chart so chart looks bullish. Next resistance level 5200/5395 we expect it to break 5200 and move towards 5395. Close to VWAP 5054 once hold can...
➢ Stock Price has broken out on the daily chart where it closed at highest level since 09 Nov ➢ Short term trend of the stock is positive where it is trading above its 5- and 20-day EMA ➢ Oscillators like RSI and MFI showing strength in the stock. ➢ Considering the Derivative & Technical evidences discussed above, We recommend buying the Muthoot Fin Dec future...
Intraday Cash Buy OBEROIRLTY @454.40-456.4 SL 447 TGT 475 Above VWAP + MACD cross over + book profit around second resistance 477
Intraday Cash Buy CANFINHOME @470.40-472.4 SL 463.5 TGT 486 TK cross over 466 + Resistance break out 462 which will act as support and next resistance is 508 + moving average and oscillator indicates STRONG BUY