HI All, Following is a Trading Set up for 15 minute opening range breakout Let the index/stock trade for the first fifteen minutes and then use the high and low of this “fifteen minute range” as support and resistance levels. A buy signal is given when price exceeds the high of the 15 minute range… Read More »
Stocks near its 50 SMA can see a bounce till 568 581 Levels Reliance Capital Double Bottom around 730 can see 754 781 Levels Tata Steel can see 475 483 490 Levels Zee Limited buy if 229 gets broken for a tgt of 241 Nalco Buy if 370 gets broekn for a tgt of 377… Read More »
Classic case of Resistance becoming Support Last 3 times 4730 Was proving to be a resistance and after that today it came rescuing the bull. Resistance at 4820 4860 A bull Move only above 13 EMA around 4960
Suzlon– Stock again took support at 200 DMA.Now we need to see if it can again bounce back from here.If it bounces back IF it bounces can see 90 levels Rcom- Stock Has a good support at 205 and if that gets broken than we can see levels of 185 and 171.Positive thing which i… Read More »
Buy M&M if 880-884 Region holds for a target of 910 930 943 Support at 877 Suzlon Mulitple bottoms around 85 levels buy once it crisses 90 for a volatile tgts of 92 95
Buy above 361.50 for tgt of 364 367 Buy Havelss ABOVE 345 353 365 buy :LIC hOUSING ABOVE 843 TGT 860
Buy Apil above 583 Breakout is seen with volumes can see 593 601 Levels Buy PFC once it breaks 240 for a tgt of 243 245 247
Wish you and your family Happy and Prosperous Diwali.
Balrampur took support at 5 EMA now now if it moves above 130 can see 132 134 Levels BAnk of BAroda above 500 505 514 suppport 485 Jindal steel and Power above 613 tgt 627 636 650 Bharti Airtel above 354 tgt 358 363 support 346
Nifty has closed below 5 week MA indicating weakness.Trend line support around 4910 Weekly Pivot level 4970 Weekly Support:4885 4825 Weekly Resistance:5041 5137 Weekly Calls IDBI buy with a sl of126.50 tgt 132 136 TATA STEEL above 542 tgt 551 558 564 572 sl530 SUZLON Buy above 87.3 for tgt of 88 91 95 Better… Read More »