According to me eicher motors looks weak on daily chart and may give us good point here . Entry below 2610 target can big upto 2400 level. Buy 2600 pe or sell 2600 ce . and keep Sl at 2630-2640 level.
According to me if Reliance breaks 2630 zone , We can see fall upto 2510 zone and that could be real quick . So one cam mark the 2630 zone for initiating trade. Once It Breaks one can buy 2640 pe or cal sell 2650 ce .
According to me it's a excellent place to short " HINDUSTAN UNILIVER" chart is looking good and possibilities of breakdown. 1. Option Buyers can buy a June 2300 PE and hold it for 2140 level with 30/- SL. 2. Option sellers can sell June 2300 CE and hold it until 2150 level with a 30/- SL.
Mahindra & mahindra , We can expect down move upto 10 rs(830 zone ) tomorrow and and if the 830 support is broken it may retest the 800 zone soon. As per the price action it's looking negative. One can short the 840 ce or sell future . If there is a gap down of 8-10 , we should avoid the trade. Disclaimer : This is not a trading recommendation. Thanks for reading.
Indusind Bank broke the short term channel and closed below the channel itself . Crossing below 950 from this level can slide it upto 900 zone ,bcz that is the good support zone for this February expiry. So you guys can add it to your watch list and look for a good trade here . One can short 960 ce or sell February future . **** This is just my conviction...
I am expecting HDFCLIFE to break below 616 tomorrow and will hit 596 . However RSI showing positive divergence so we shouldn't hold the trade for too long .
Axis bank is looking great for a swing trade on a long side . If the market momentum is plosive on index .One can easily look for 25-30 rs profit from current level.
Hdfc bank may go upto 1800 level soon . Hdfc bank will declare result very soon and also its taking pause at a good level .
I have created a basket for possibly breakout stocks , Kindly find the names below , 1. TATA STEEL 2. IGL 3. PFC 4.COAL INDIA 5. NIACL 6. HINDALCO 7. VEDL 8. JSW STEEL 9. AXIS BANK. Kindly try and make equal investments in all the stocks . Disclaimer : This is not an investment idea ..Kindly do your own research before putting your heard earn money. **** This...
Tata elxsi is looking bullish . Currently on a breakout zone , One can look for a swing trade for sort term basis .
According to me TVS Motor is still looking bearish , and one keep a target of 480 in short term . The pullback on a positive side we are seeing that seems to be a profit booking scenario . Disclaimer : This is not a buy or sell recommendation. Thanks
KEEPING A BULLISH VIEW ON CIPLA ..TRADING AT GOOD RESISTANCE ZONE . EXPECTING A BREAKOUT TODAY . ONCE BROKEN ON THE UPPER SIDE WE CAN TRADE WITH A SMALL STOP LOSS.
KEEPING A BULLISH VIEW FOR THE DAY IF THE SUPPORT IS NOT BROKEN INITIALLY.
KEEP A BULLISH VIEW ON BANK NIFTY 2ND JULY. Thanks ...