COAL INDIA looking bullish, as stock is near strong support. Also, good RSI divergence is there.
Sell BEML below 1085 Stock is taking resistance at 50 EMA. SL : 1135 Target: 1035 R:R ratio : 1:1
Long ApolloTyre above 296. SL: 282 Target:310 R:R ratio: 1:1
Long Arvind above 415 SL: 402 Target: 430 R:R ratio: 1:2
Stock is in uptrend for short-medium term. Stock had previously taken support at 50 SMA and bounced back. Expecting the same this time. CMP: 635 Buy above 645. Target: 685 SL : 625 R:R ratio: 1:2
TCS is trading in channel. Previously, before making up move, stock had taken support at 200 SMA. So, stock may touch 200 SMA again, before making up move. Good shorting opportunity at upper trend line. R:R ratio is favorable. Views invalid, if stock closes above trend line.
Stock is trading in channel. May touch a short term target of 1320. CMP: 1308 SL: 1302 Good risk reward ratio of 1:2 Target 1: 1320
NSE:INFY is currently trading in channel. Could be bought in range of 1148-1152. CMP 1154 INFY is having support at 1143. Target 1: 1175 Target 2: 1192 Target 3: 1220