Infratel - It is in very choppy within 4 hr time frame with down sloping price action and under-perforing the Nifty since long. So it is good sell candidate in small bounce of B wave for C down within ABC zigzag cycle. It may even extend the losses for bigger (Y) wave down, but need more confirmation. sell near 188-86 zone with stop loss above 195.05 for target...
Bank nifty expiry day strategy the bias is towards trend continuation however we are witnessing that BN is making trending move on expiry thus a possibility of sideways confused movement is there today.
Buy when price comes below or near L3 level at 301.45 and crosses it..tgt 302.4 and 303.3 H4 is the perfect long entry, with sl below H3 FOR TGT 307.3 and 308.2 If price comes down from H4, sell below H3, for tgt 303.6 and 302.7, Below L4, 229.6, sell for tgt 298.6 and 297.75 Always maintain sl as .95 POINTS
Piditlite short set up...wait for breakdown confirmation and short...
TITAN WE CAN SEE UPSIDE MOVE TILL THE TARGET-1600
TATAMOTORS might retest the support or correction before continuing uptrend till next resistance...If low support breaks, wait for price to fall below ---- line ,for confirmation to touch the downward support...
DLF is trading within a small channel...If it breaks the channel above,long for next upper channel shown..if down trend continues for a while, it might reverse from lower channel for the next 2 weeks to touch the buy targets...
Just Wait For A Perfect Entry And You Will Be Getting Life Time Great Returns.
Indusind bank can fall and according to me the rally yesterday was fake to trap retail investors. My analysis showing it will fall below 500. With first target of 550 and second target 500 area which will act as a double bottom for the stock, if sustained can jump and if not more fall can be seen. Good luck to all traders.
NSE:IIFL Weekly chart of IIFL is indicating supply was absorbed by Smart Money. Closing above 96-97 will take IIFL at least towards 208-250. view is for short term to long term holdings.