Apollo Tyre - Buy

Buy Apollo Tyre anywhere around 65 for immediate target 71 & then 75 with sl 61.
Happy Trading!!! Yogi

Intraday Call - Short Nifty @ and above 5900

Intraday Call - Short Nifty(Spot price) @ and above 5900, SL 5925, Target - 5825/5800

Nifty study 28 March - towards BUY Approach

Nifty Daily Chart -

Nifty Hourly Chart -

 

* Strong Positive Divergence on RSI for both Daily as well as Hourly Chart
* Completion of Complex wave b (wxyxz) -seen in the Hurly chart
* Taking support on 200SMA line on daily chart; high probability of reversal.
* Stochastics Oscilator crossover mvoing upside.

Start buying on this level,  we have good RISK REWARD ratio- 1:7
Current Price - 5637.30
Stop Loss - 5595
Target - 5920 -5950
Approximately, target will achive in next 10 trading session

 

Sensex Longer Term Views

Book Profit on L&T Call - Update on 11- Nov

Nifty is on the Channel Support - Expecting Breakout today

L & T - Possible Head and Shoulder Pattern

Due to Office work cannot able able to send the post since long time.
I will try to send the predication atleast one or twice in the week.
Happy Trading !!!

 

L & T FuturePositional Short Call ...

Nifty's Way Ahead - Digging out the Possibilities in Short term

Since last few days... Nifty is in cosolidation zone and not moving in either of the direction. It difficult to analyse in this consolidation period. But trying to find out the possibilities of the Nifty move ahead in the shorter term and possible targets......


Possiblity 1 - Wave B as an Triangle and Break down today .....

Possiblity 2 - Zigzag Wave Formation from Top 5833 as in ABC.

Possiblity 3 - Head & Shoulder Breakout

Possiblity 4 - Bullish View - Expanding Leading Diagnal

 

IFCI Future - wait for Traingle Breakout