COLPAL is currently on 38.2 support line and standing on support line.
Also above 50 and 200 EMA's.
Watch is for breakout on either side to see next targets of
Lowerside - 1375/1360/1330/1317
On upper side - 1423 / 1450
Pls add to watch list
Amaraja Batteries currently below trend line and facing resistance.
Incase if breaks the trend line (696), we can see strong uptrend towards 760-800 levels
Incase if breaks 669, we can correction towards 655/645 levels.
Add to watch list and trade as per trend
From past couple of days NIITTECH is trading in //lel channel and currently on bottom trend line.
Incase if breaks 1320, we can see good downside move in this.
Add to watch list and trade as per market trend.
From recent high's TITAN is reversing and incase if trend continues and market trend supports :)- we can go for short based on trend line breakout.
Incase if sustains below 968 we can expect targets in the range of 961/955/946/940
Looking at past two days trend from Justdail recovery, currently at trendline.
Incase if breaks trendline or reversal from trendline - we do have possible two trade opportunities.
Incase if goes above 400 - > we can expect targets in the range of 404/409/414/419
If breaks trend line of 395 - > we can expect targets in the range of 391/386/381/376
Apollo Tyres is making HH/HL from past couple of days & currently at trend line resistance 98.
If cross 98 ... we can see short term uptrend -- watchout market direction before trade.
If cross above 98 and sustains, we can expect targets -> 100/102/105/110
AS we can see BharatForg closed with Strong bullish candle and currently at trend line.
If cross 311 - we can see short term uptrend .... watchout market direction & trade accordingly.
Above 311, we can expect targets 320 + / 330+ / 340 +
BALKRISIND - > Looking at chart, we can see continuous higher and high's and higher lows from past couple of trading sessions and strong bluish candle yesterday
Currently at strong resistance level.
Need to break this to give good upside .. however considering the strong resistance we do have two trading possibilities
Incase if breaks trend line, above 1045...
As we can see strong bullish candle & currently at trendline resistance.
It need to cross 900 to give good upside.
Considering 900 (round number) acts as strong resistance, incase if bounce back (BoF), can look for short opportunity.
Long trade : above 900 - > can look for targets /915/935/945/965
Short trade : below 885 -> can look for targets 880 / 870/ 865 / 860
Silent uptrend going in NIFTY AUTO sector -- kindly check once CNXAUTO.
MARUTI is on uptrend from past couple of days and currently at resistance 5150 level.
Incase if sustains above 5150 - we can look for short-term uptrend.
Keep it in watch list
CIPLA is on strong uptrend from past couple of days, however currently at strong trend-line resistance.
Incase if gap-up opening above resistance ans sustains, go for clear long.
Incase if pharma sector is -ve in next trading session, we can consider for shorting opportunity.
Add to watch list
SBIN is continous down trend in monthly / weekly / daily time frames.
Below all averages
Considering the current banking sector trend... clear short opportunity... unless NIFTY Trend is strong positive.
Add to watch list & grab short opportunity