Kshitij_008

Kshitij_008 Updated 

HI Seems its a triangle breakout in Bank Nifty. We can keep a small SL of 28050 for targets of 30000 to 30500, MACD is nicely poised for good upmove.

Kshitij_008 Updated 

Hi For short term it seems Dabur is a good buy Buy above 447.50, with SL of 440 and targets of 458 and 465. Risk reward seems favorable. MACD is nearing a cross over and RSI is above 50.

Kshitij_008 Updated 

Hi Tata Motors seems a good buy for a short term. Can buy at 122.50, with Sl of 116 and target of 135/150. Tata Motors has closed recently above monthly Pivot levels. Spotted a Bullish divergence in MACD. Very good RR. So can take the risk.

Kshitij_008

Hi It seems Nifty is trading in a channel. Will buy at channel support and sell at channel resistance as of now. Currently it is at the channel top, so high probability of a good sell. If there is a gapup and price holds above the channel.....then its a breakout...till then its channel trading.

Kshitij_008

Hi IMO, we are currently in the 4th wave, which is still ongoing, and may complete today around 11300 approx, and should not go above 11310/11315, else this wave structure stands invalidated.From 11300 approx we may have another/last leg of fall in the coming week.

Kshitij_008

Hi If Nifty holds 11350-11380, this week, we can expect a very good rally. MACD is still very positive. RSI is above 50. we had a rally of almost 1000 points in last 1 week, and 23.6% of that rally comes to near 11350/11380 zones. So this zone is the important point.

Kshitij_008 Updated 

Hi, Ashok Leyland is giving a good buy above 74.20, with SL of 69.90 and targets of 80/85. Has Good Volume Macd is very much positive RSI is above 50. So seems a very good setup for short term Trade.

Kshitij_008

Hi We closed above weekly Pivot of 11547 and are definitely bullish. We can initiate longs today with a SL of 11545 CLBS for 15 mins. MACD is very much positive RSI is above 50. Probability of retesting recent highs of 11690 is very high.

Kshitij_008

HI, If the Gap is held, we can see a good rally in nifty and its stocks. 11550 being R2 on weekly basis, we can expect it as a target. So high probability of nifty closing near about 11550. So with a small SL of around 11400 we can initiate long trade for a target of 11550.

Kshitij_008 Updated 

HI BSE could be a good buy above 565.50, with SL of 540 and Target around 615. Short Term can give good money. Has good volume.

Kshitij_008 Updated 

Hi Just Dial could be a good buy 2morow. Buy above 709 with SL of 690 and Target of 770 RR is around 1:3

Kshitij_008 Updated 

Hi This is self explanatory chart. IMO, We are still in correction .We have completed Wave A with recent lows of 10670. Now Wave B is going on, and it seems we are in a flat correction, because the current Green candle has closed almost 50% of the recent fall. so there is a scope of correction up till 90% of recent fall, which comes to around 11800. Recent...