Nifty could get into consolidation inside the triangle for next few weeks. Short straddles could be best to try.
M&M Looks Bullish for short term. Target of 924. With Stop Loss of 864.
Can buy Indus tower around 246 to 250 For Target of 260 and 278 with Tight Stop Loss of 243 ( Hourly candle close below 243 ).
M&M Looks Bearish near resistance. One can short positionally around 900 with a stop loss of 910 on closing basis of 4 hour candle. Target of 840 for short term.
Bsoft looks bearish for short term for a target of 520 with stop loss of 555 Buy around 545 to 550
Sell Adani Ports at current level of 720 to 730 Stop loss of close above 730 on 4 hour candle Target 680
REC Buy at current level of 125 to 135 Stop loss 110 Target1 165 Target2 210
NTPC Buy at current level of 124 to 126 Stop loss 110 Target 155
Ambuja Cement made an head and shoulder reversal pattern Sell Ambuja Cem Fut with stop loss of 413 or create a bear call spread (Sell 390 CE and Buy 405 CE)