Federal bank is set to fire in the upcoming days. Expecting huge targets. Breakout of long term trend line with great volumes. Golden Crossover of 50-200 EMA. 1st Target - 78++. 2nd Target - 90++. Maintain stop loss of 68-69.
Cipla is looking very bullish around these levels. Breakout with good volume. The target of 2 pivot points can be taken. The risk to reward ratio of 1: 1.75.
BPCL is at a very crucial level. A good short trade is expected. Breakdown of 2 months trend - Good fall . Breakout trade can give 1% to 1.5% targets. Short below- 390 Target 1 - 380, Tgt 2 - 370. St Loss - 395 Buy above - 395 Target 1 - 400, Tgt 2-405+ St loss-390