Stock Technical Analysis:Mcleod Russel,CESC and JSW Energy

Mcleod Russel Mcleod Russel stock on daily chart is forming a perfect symmetrical triangle, Triangle breakout happens above 289 and breakdown below 275.So watch out for breakout/breakdown move. Positional target for breakout comes at 325 and breakdown comes at 254. Buy above 283 Tgt 287,293 and 298 SL 280 Sell below 276 Tgt 271,266 and … Read more Stock Technical Analysis:Mcleod Russel,CESC and JSW Energy

Bata,Biocon and Zee Technical Analysis for short term

Bata India Bata India has been respecting the fibo fans level and stock has broken the 3X8 line of fibo fans with bearish engulfing pattern.Break of 892 can lead to further weakness in stock till 843 odd levels. Buy above 904 Tgt 915,923 and 932 SL 895 Sell below 892 Tgt 882,870 and 850 SL … Read more Bata,Biocon and Zee Technical Analysis for short term

Stock Trading Charts:Hero Moto,Yes Bank and Cairn India

Hero Moto Hero Moto stock has entered in crucial resistance range of 1809-1830. Unable to cross the range can see stock pullback to 1741 1700 odd levels.Any close above 1830 stock will rocket back to 1900 odd levels. Buy above 1791 Tgt 1810,1830 and 1850 SL 1771 Sell below 1760 Tgt 1741,1727 and 1710 SL … Read more Stock Trading Charts:Hero Moto,Yes Bank and Cairn India

Equity Trading calls:Reliance,Federal Bank and Bajaj Auto

Reliance Reliance after breaking out of its Flag pattern has shown 4% rally and formed a DOJI pattern yesterday signalling a good move is on the cards.Stock has closed above its congestion zone of 903 and can see an upmove till 950 odd levels. Buy above 921 Tgt 926,932 and 940 SL 917 Sell below … Read more Equity Trading calls:Reliance,Federal Bank and Bajaj Auto

Stock Trading:Tech M, SBI and Maruti

Maruti Maruti has broken below its symmetrical triangle, 200 dma and Gann number of 1453,suggesting weakness in short term. Unable to close above 1453 in next 2 days gives short term target of 1364   Buy above 1464 Tgt 1485,1500 and 1520 SL 1460 Sell below 1438 Tgt 1422,1400 and 1380 SL 1447   SBI … Read more Stock Trading:Tech M, SBI and Maruti