17257 TO 16844 RANGE IS IN SIDEWAYS need to break this level . options seller's market . buyer's only use top and bottom approach
The Banknifty Channel Resistance Is From 40040 To 40200 And Support Is 40360. The Banknifty Buffering Is Zone 800 To 1000 Points
Manappuram is in long term trendline. It has fallen and come down, it is currently in trendline support. It is a good stock for long term buying. Though it is not going to go back to its old range of 200 to 220, it will give a minimum bounce back of 30-40 in the long term. Kept it in the watchlist. If it closes above 96, it will give a bounce.
NSE:TATASTEEL The first target is 107.85 and the second target will be 114. When the weekly candle closes higher with 114, it will go upto 126.
ZYDUS LIFESCIENCES is in long term sideways, when the sideways breaks upward, you can buy. wait and trade.
BSE:BATA1! Need to closes above 1876 then the target is T1-2000, T2- 2150, T3- 2400.
NSE:NATIONALUM need to closes above 74 then the target will be 77 and 83
NSE:INDUSINDBK indusindbk need to break and close below1127.20 in day chart, then the target will be T1- 1087 T2- 1025.55
bounce back trading short term only . stop:500, target one :620 , target two: 6700
Adani Ports is travelling in sideways market for a long period. Now it is travelling from bottom to sideways top. whenever we see a correction, then it is a buying opportunity for short term.
Bharat Electronics's trend line is now in triangle pattern. Need to wait for the pattern to breakout. The breakout range is 242.60 and the stop loss is 215 which should be below the trend line. The target is between 286 to 296.
M&M Finance had broken the long term channel and is now travelling higher. When it retests the channel in day chart, then it is a good stock to buy for short term. The stop loss should be kept below previous swing low.
Mindtree is in short-term uptrend, now it has broken the triangle pattern, for correction and triangle target it has to go up more
INDIAN OIL CORPORATION is a good stock to buy if we can hold it for 3 to 6 months. We can maintain the targets from Target-1 to Sideways Top, it is better to keep the stop-loss below sideways bottom, trail stop loss when the market moves upwards.
MOTHERSON SUMI has gone down and is now in correction for its down swing, there are possibilities for it to go upwards a little bit. Now it is in channel pattern, if it breaks upward, then we can buy it. The targets ranges from Target-1 to Target-3. Trail your stop loss.
BALKRISIND is in trend line, buy after trend reversal. Keep stop loss below 2100. you can have 2 targets.
BIOCON is in trendline for long term buying, its good to hold it for 6 months to 1 year. it is in good support. Trail stoploss.
Tata Motors is now in sideways market. If the sideways market breaks downwards, correction will continue for the rally ranging between 63.5 to 376.6 Or if sideways market doesnt break downwards, and reverses at 280 it will go to the sideways top at 350. When market closes at 360, then up trend will continue and its target will be from 480 to 500.