Grauer & Weil: (Short Term) The script offers a RR of 1:4. Note: Do your own due diligence before taking any action.
Nifty: (Short) Nifty is turning to be very weak. Trade with extreme caution.
Equitas Small Finance: (Positional/Swing) Possibility for a long setup in Equitas Small Finance. Price is testing the support zone 60-65. Note: Do your own due diligence before taking any action.
Pennar Industries: (Long) Possibility for a long setup in Pennar while it price tests and reverses at the support zone. Note: Do your own due diligence before taking any action.
Kalyan Jewellers: (Long) Look for long opportunities here.
Borosil Renewables: (Short) Another 20-30% corrections are in due.
SAIL (Long): Look for a long opportunity in the short term.
Finolex Industries Ltd: (Short) Expecting a downside correction towards the 130-140 levels in the short term.
SJS Enterprises: (Short) Expecting a downside correction in the short term.
ShardaMotr: (Short) Another leg of corrections are due on the chart.
Dow Jones: (Short) Expecting further downside correction on DJI.
Avenue Supermarts Ltd: Watch out for a trend reversal in Dmart. Price is reaching the support zones. Time to go long here.
IRFC: Price is nearing the support part. One shall try to add long positions in Zone 1 & 2 around 23-26. SL is placed below 20. Swing target could be placed with a target greater 20-30%. Note: Do your own due diligence before taking any action.
CCL Products: (Short) Expecting a 20% correction in CCL.
Price is nearing the support part. One shall try to add long positions in Devyani around 130-140. SL is placed below 105. Swing target could be placed around 200-220 with a Risk Reward Ratio of more than 1:3. Note: Do your own due diligence before taking any action.
Expecting a considerable weakness to be developed in the upcoming weeks.
Price has broken the resistance part of the Wedge. One shall enter on its retest around 265-275. SL is placed below 245. Swing target could be placed around 420-450 with a Risk Reward Ratio of more than 1:6. Note: Do your own due diligence before taking any action.
Price is reacting at the resistance across 68. One shall enter on its break and retest around 68-70. SL is placed below 60. Target is placed around the previous swing high or channel resistance. Risk Reward Ratio is more than 1:4. Note: Do your own due diligence before taking any action.