BHEL,Coal India and JSPL Trading levels

BHEL BHEL has formed a bullish engulfing pattern today,any trade above 145 can lead to further rise till 149 odd levels.Positional traders keep eye on 144 odd level any close above it BHEL is heading towards 156 odd levels. Intraday Traders can use the below mentioned levels Buy above 145 Tgt 148,149.5 and 152 SL … Read more

Intraday Trading Calls:Hindalco,Jsw Steel and Cairn India

Hindalco Trading in a perfect up trending channel. Any break below 110 can see the stock sliding towards 102 odd levels in short term.Trading above 113 will take the stock to its recent swing high of 119. Intraday Traders can use the below mentioned levels Buy above 114 Tgt 115.3,116.7 and 119 SL 113 Sell … Read more

Nifty Trading Levels as per FII data analysis

FIIs bought 27749 contracts of Index Future (bought 45251 long contract and  17502 shorts were added) worth 856  cores with net Open Interest increasing by 62753 contracts. SO FII’s went aggressively long today. Nifty opened below the upward rising trendline and near its 200 DMA, and closed near to the trendline confusing both Bulls and Bears.Bulls will … Read more