Hero is hitting strong High price level. Should we take short position ?
After great jump in price in last few days, i think it will be wise to book atleast 50% profit in BOSCH
Looks like buying time for Tech Mahindra . Current downward swing may be over by tomorrow if not already is.
If Nifty close in red tomorrow, Axis bank can be short trade to make 4-5% in a week or less.
If Nifty closes in red tomorrow, HDFC Bank can see 1400 range in coming days
Book profit in Bajaj Finance or take short position for the rest of the month.
Downward swing cycle seems to be over in HDFC Life insurance. I think we can it for 4-5% gain in next 1 week from here
Island structure may build Nifty for next 5-7 session after tomorrow on the upside.
Clear buy signal in Reliance, for confirmation, we can wait for another session tomorrow, but 6th October should see it go up for following 7-8 sessions.
Nifty cycle seem to be getting shorter, tomorrow closing hours should be good time to buy Nifty for next 10 session. Should give us 3-400 points up from here.
SBI card is around its current swing bottom, i think we should buy it tomorrow in closing hour. It should move up by 5%+ in next 7-10 sessions.
Cipla looks good to buy for couple of months to generate 5-10% return . Its sell cycle phase just got over.
HDFC Bank looks close to its current swing low. I'll still wait till 6th October for it to complete its sell cycle and touch the trough, i think buying in 6th October closing hours should generate some decent returns in next 5-7 trading sessions.
Book profit or short AMD for 3-5 % in a week.
RIVN looks for shorting for 5-10% from the current levels.
ICICI Lombard GI is showing long term sell signal on screen, It should give around 10% from here on the downside.
It seems like Cipla has touched last swings high couple of days back, if that so, it should give 3-4% profit on the down side.
Last 3 days fall may continue for few more day with Hero Motocorp. Should we take short position when Nifty is trying to break its life time high?