Maruti,HUL and SBI Technical Analysis

HUL HUL came up with a good set of earning yesterday, Stock has broken out of its trading range with breal of pennant formation suggesting  follow up buying will come in today. Buy above 500 Tgt 510,518 and 527 SL 497 SBI SBI has been trading perfectly in its uptrending channel, SBI has broken this … Read more Maruti,HUL and SBI Technical Analysis

HUL, Ranbaxy and Asian Paint technical analysis

HUL HUL is trading near a crucial resistance of 100 DMA, which stock is unable to cross from past 3.5 months, Unable to cross this time pullback can be seen in extremely short term. Buy above 491 Tgt 493,496 and 505 SL 486 Sell below 482 Tgt 480,477 and 474 SL 484   Asian Paints … Read more HUL, Ranbaxy and Asian Paint technical analysis

Trading calls:IDFC,ITC and Tata Motors

IDFC IDFC has been trading in small range of 140-156 from past 10 trading sessions, Stock has reached the upper end of trading range and pullback should be expected. Sell below 152.5 Tgt 151.1,149.4 and 146 SL 154 Buy above 156 Tgt 157.4,158.8 and 160 SL 154 Tata Motors Tata Motors bounced from the lower … Read more Trading calls:IDFC,ITC and Tata Motors

Trading calls:M&M,DLF and Tata Motors

M&M M&M stock has been outperforming Nifty and its Auto peers. Technically stock is near its important rising trendline support of 932 coupled with negative divergence in leading indicators.Continuation of this upmove is only above 935, below this pullback till 901 is expected in short term. Buy above 935  Tgt 940,946 and 952 SL 931 … Read more Trading calls:M&M,DLF and Tata Motors

Trading calls:ICICI,PFC and Zee Limited

ICICI Bank ICICI Bank broke its medium term trendline on Budget day formed DOJI candlestick for 2 days and rallied with rest of market in 1 week of march,formed resistance at 50 DMA and gave a pullback.Stock is trading near to its trendline support and tommrow session will be litmus test for the stock. Sell … Read more Trading calls:ICICI,PFC and Zee Limited

Short term technical Calls:SBI,ranbaxy and Idea

“Why are you trading? As with any long-term pursuit, it’s nice to have goals and rewards. What are you going to do with the money? Set small targets and reward yourself.” SBI SBI made low of 2175 on results day and has been rising from past 2 days, Stock is approaching rising trendline resistance and … Read more Short term technical Calls:SBI,ranbaxy and Idea

Short term technical Calls:SBI,TCS and IVRCL

SBI SBI has been falling relentlessly from 2535 till 2276, As discussed on 29 Jan unable to cross 2550 SBI can start short term decline, Stock took support at 2420 levels for 3 days as soon as closed below 2420 downside breakout happened with a quick decline till  2276.  SBI is now at important support … Read more Short term technical Calls:SBI,TCS and IVRCL

Technical Intraday Swing Calls:Rel Infra,ICICI Bank and Rec

ICICI Bank ICICI is facing resistance at its rising trendline and forming a symmetrical triangle. Buy above 1154 Tgt 1162,1174 and 1196 Sell below 1140 Tgt 1127,1118 and 1105   REC Limited REC is again facing resistance at its rising trendline. Buy above 248 Tgt 250,252 and 255 Sell below 242 Tgt 240,238 and 2363 … Read more Technical Intraday Swing Calls:Rel Infra,ICICI Bank and Rec

Short term Trading Calls

SESA GOA Sesa Goa has made broken 100 DMA with huge volumes,Stock shall consolidate or show a small upmove till 100 DMA before starting next round of selling till it reached near 200 DMA as mentioned in charts. We can trade this stock on both upside and downside but as of now RISK to REWARD … Read more Short term Trading Calls

Technical Trading Ideas

ICICI Bank buy above 50 SMA which is at 938 levels for a Target of 952 and 977 Stock can also be added in Pullback near 913 SBI is facing multiple resistance around 2325 levels as indicated in chart Buy at pullback around 2300 levels for a tgt of 2348 2378 and 2432 Levels HINDALCO … Read more Technical Trading Ideas