Good Support seen in HDFC. Buy with SL of 1489 for Target of 1660 ,1700+
Asian Paints looking for breakout , hovering around resistance only buy above Rs 3245-3250. For Target Rs 3545-3590 With small SL of Rs 3195-3180. ******************************************************************************************** If fails then sell below 3195-3185 with SL of Rs 3245-3250 With target of Rs 3050-3040.
There is gap in daily charts of 140 point . Refer image for more details.
Ready for breakout above Rs 970. But this type for breakout are risky due to quick movement towards the Resistance. It will Sustains above the 970 for few days then it will rock. If fails then take a Stop loss of 970 and sell future or buy put.
Ultratech cement at resistance with previous high of 8269 if sustain above this , good move expected Buy, if price closed above Rs 8269-8270 with SL of Rs 8079 Tgt ----- If fails then wait for Sell side for few days.
Bullish view as taking support from this area for target of 200-600 move. with sl of 90 points.
Bank of Baroda Ready for a breakout But this type of breakout is risky due to quick movement towards the Resistance. It will Sustain above the 190 +for a few days then it will rock.
Bata India Ready for breakout with moderate volume with target of 1750++++ SL 1613
Angel one reaches resistance and looking for breakout above box with moderate volume. buy above if sustain above box. For Target of 2000+ SL 1570 or 1500
Deepak Nitrite Ready for a breakout also seen as gap for fillout. just 24 points But this type of breakout is risky due to quick movement towards the Resistance. (260 points) It will Sustain above the 2260 +for a few days then it will rock.
Bearish Engulfing seen in Cummins india. Sell below todays closing with target of 1755,1557,1486. Safer side will be short below 1828 SL of 1912 Note :RR is not favorable for short term.
Bharti Airtel , hovering around resistance only buy above Rs 862 For Target Sky is the Limit. With small SL of Rs 826 (Better in Sell Side) ******************************************************************************************** If fails then sell below Rs 825 with SL of Rs 845-850 With target of Rs 813,735,635