ACC looks bullish. Can be bought above 2104, with a stoploss at 1950. On the upper side, the first target at 2278, second target at 2474 and he third target at 2643
NIFTY seems like moving a downward channel. Can look to short NIFTY near the upper side of the channel with stoploss.
VEDL has broken the long term trend line. Has got a support line at 275. We can expect it to rebound from there else it can go to 255-260.
For Nifty futures, we can expect a bounce back from 18150 range. If it breaks down at 18150 level, we can expect an other 100 points move downward with a strong support at 18000 range
Nifty is moving within the downward channel. If it breaks out from the channel, we can see some upward movemnt.
If VEDL rebounds to recent high level of 385-386, we can expect it to move toward the range of 400-410.
TCS has crossed above the long term trendline. If it closes above 3665-3670 levels, we can expect it to move higher
BEML seems to be in the download movement. Retracing fibonacci,we expect it to be in the 770 range on the downside and if it rebounds from the current levels it will reach 920.
BEML seems to be in the download movement. Tracing the fibonacci, we can expect it to touch 770 levels else if it rebounds from the current level it can reach 920 level
TATAPOWER- as MACD has crossed over and the trend is up, it is expected to reach Rs.89 in the near term
SAIL is on downward trend and has closed below 61.8% retracement, so can be expected to reach Rs.80 in the near term.