Trading Calls:Central Bank,Patel Engineering

Central Bank of India

CBI is taking support at a rising trendline @156.65 and facing resistance @161.25 as shown on daily charts

RSI is rising and giving a buy signal and MACD is in Buy zone

Buy above 161.65 Tgt 163.4,116.9 Sl 160

Sell Below 159.5 Tgt 157.7 and 154.9

Patel Engg

Patel Engg looks ripe for a bounce after severe correction from high of 324 to sub 180 levels

MACD is a buy mode

Buy above 195.9 Tgt 199 and 205 Sl 191.6

DISCLAIMER

All the views and contents mentioned in this site are merely for educational purposes and are not recommendations or tips offered to any person(s) with respect to the purchase or sale of the stocks / futures. I do not accept any liability/loss/profit occurring from the use of any content from this site. All readers of this site must rely on their own discretion and consult their own investment adviser. All Readers are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, readers are advised that past stock performance is not indicative of future price action. You should be aware of the risks involved in stock investing, and you use the material contained herein at your own risk. The material on this website are provided for information purpose only. Brameshtechanalysis.com does not accept liability for your use of the website. The website is provided on an “as is” and “as available” basis, without any representations, warranties or conditions of any kind.

Central Bank of India

Buy above 161.65 Tgt 163.4,116.9 Sl 160

Sell Below 159.5 Tgt 157.7 and 154.9

Patel Engg

Buy above 195.9 Tgt 199 and 205 Sl 191.6

Related

Leave a Reply Cancel reply