MRF has finished its bull run and now breaking down on the lower side ; expected targets on the down side within 2 months - 2%, 3% , 5% from current levels
Buy Sobha realty in 435-450 range for target of 470 and second target 485 within 2 months. It is an excellent real estate company ; charts have just reversed from oversold condition and now consolidating at current levels before upward movement. One can buy at current levels and accumulate more on dips towards 435.
Buy on dips - will come up to fill the gap. first target 41200; second target 41600
Nifty has reversed after consolidation at lower end of bear rally; now expected to go upto 17600 to fill the gap.
LTP approx 67.6 - go long for first target 71 and second target 73 within a month. Crude oil is at its lowest in many months and I feel that even if the major economies goes into recession , Crude oil wont go down much further.
Have a look at the hammer candle at the bottom ! And RSI has a positive divergence. Crude oil is at its lowest in a long time. unlikely to go down from here.
Short reliance- expected to touch strong support at 2236 in the coming 2 weeks. You can easily make 5 % approx with this trade. 90 % probability.
important support zone .. short for quick target of 3 % within 2 weeks
Short nifty 50 for easy target of 150 points on the down side. Stop Loss 17700 but no need to maintain very strict SL. Market is in down trend - you just need some patience of 2 - 3 days max
Nifty 50 index is showing positive RSI divergence while the price is falling (on 15 min time frame). This is an excellent opportunity to buy for target 17670 over next 2 weeks. (Approx 200 points) Over 90 % probability.
Has reversed from upper trendline of descending triangle pattern. next target is 423. You can make 3 % in approx 10 days in my opinion.
overbought zone on hourly time frame. Trade 2 % down side.
Has broken lower trendline on 15 min time frame; target of 3 % in 2 weeks on the downside.
HUL moving in parellel channel. Minimum target on the downside 2521 - 3-5 % downside from current levels soon
Short Bharti Airtel for target -2.5 % as per Bollinger Band strategy ( 1 hour time frame chart for reference )
Excellent time to buy.. for long term.. atleast 5 % target in coming 2 months can be seen
ITC has broken on the upside from descending parellel channel. Short downside to 376 can be expected. Also RSI on monthly chart is highly over bought (>80 ); some profit booking can be expected here.
Hammer candle formed at lower end of chart .. wait for confirmation. Target is next resistance level i.e. 545