Technical Analysis:SBI,Axis Bank and PFC

SBI SBI the main index contributor for Bank Nifty is very crucial juncture before the RBI policy, Stock has taken support at 2483 and resistance at downward trendline at 2533. Below 2483 stock can fall till 2424 odd levels and above 2533 2570 is on cards. Buy above 2504 Tgt 2522,2550 and 2574 SL 2483 … Read more Technical Analysis:SBI,Axis Bank and PFC

Traders Stock:PFC,BHEL and Mastek

“Two of the cardinal sins of trading—giving losses too much rope and taking profits prematurely—are both attempts to make current positions more likely to succeed, to the severe detriment of long-term performance.” -William Eckhardt PFC PFC has been trading in a range from 202-213 from past 4 weeks. Stock is trading at upper band of … Read more Traders Stock:PFC,BHEL and Mastek

Stock Analysis:LT,ITC and HDIL

HDIL HDIL has bounced from its trendline support.If it is able to cross its swing high of 122.75, stock is all set to touch the upper end of trendline at 128. Buy above 121Tgt 121.9,122.7 and 125.7 Sell below 117.7 Tgt 116.85,115 and 113   ITC ITC has broken its long term trendline,Stock gave a … Read more Stock Analysis:LT,ITC and HDIL