NIFTY
On the daily chart pattern there is a stong butterfly channel. 10150 will be a good support post expiry. The market would be very volatile in the coming months. If the market closes above 10150 then it can go upto 10450 and then it may fall again. We have filled the gap which we had on 23 March 2018. Dow Jones will also support. 10197 intra day targets. Averages are oversold and there is a first sign of
reversal. Be selective with the oversold stocks.
BANK NIFTY
Filled the gap. 24120 good area to enter. And you can make 24200 for tomorrow
Exide
Cup and handle formation. On verge of break out . May touch 246
Infibeam
It can make double bottom. Can enter at 142, 146. It will give a jerk and then go up. Can see levels of 190 to form a W pattern
VIPIND
Good to enter at current levels. Next target 590, 900
AB Capital Time Frame: intra CMP: 146 View: Buy- 146.30 SL( hourly closing)- 144 Target 153.80
HDIL Time Frame: long CMP: 39 View: can buy 50% at 37. can touch 33.80 keep for 1-2 yrs can touch 140
RELINFRA Time Frame: long CMP: 424 View: Evening star, standing at supports. If we break 600 then 800 and final target is 1200. But if we breakdown 410 then sureshot buy at 321. Above 525 then it can be a rocket. Current situation is a bit negative
AMARAJA BATTERY Time Frame: long CMP: 784 View: Can head to new levels, 1200 is achievable, 752 is a good buy
SHAKTI PUMPS Time Frame: long CMP: 538 View: wait for 472 levels. It has formed a flag pattern. AVOID for now.
ENGINEERS INDIA Time Frame: long CMP: 157 View: 1st sign of reversal. On the support, after 167 it is good buy. For now it has weak volumes.
HDFC BANK Time Frame: March expiry CMP: 1893 View: buy 1880-85, target 1940 technical gap is there, if nifty supports
TATA MOTORS Time Frame: long CMP: 332 View: Buy at 320-321, gap at 394-395.
BERGER PAINTS Time Frame: long CMP: 247 View: Can be 400-500. it’s for a long term buy.
DHFL Time Frame: long CMP: 502 View: Done with correction. If we fall it will hold as strength is visible. Keep for the target 980-1000. 420 can be the channel low.
RAIN Time Frame: long CMP: 372 View: 550-600
BOMBAY DYING Time Frame: long CMP: 237 View: 218 is a good time to enter. Can triger the stock to 160 because of a gap
On the daily chart pattern there is a stong butterfly channel. 10150 will be a good support post expiry. The market would be very volatile in the coming months. If the market closes above 10150 then it can go upto 10450 and then it may fall again. We have filled the gap which we had on 23 March 2018. Dow Jones will also support. 10197 intra day targets. Averages are oversold and there is a first sign of
reversal. Be selective with the oversold stocks.
BANK NIFTY
Filled the gap. 24120 good area to enter. And you can make 24200 for tomorrow
Exide
Cup and handle formation. On verge of break out . May touch 246
Infibeam
It can make double bottom. Can enter at 142, 146. It will give a jerk and then go up. Can see levels of 190 to form a W pattern
VIPIND
Good to enter at current levels. Next target 590, 900
AB Capital Time Frame: intra CMP: 146 View: Buy- 146.30 SL( hourly closing)- 144 Target 153.80
HDIL Time Frame: long CMP: 39 View: can buy 50% at 37. can touch 33.80 keep for 1-2 yrs can touch 140
RELINFRA Time Frame: long CMP: 424 View: Evening star, standing at supports. If we break 600 then 800 and final target is 1200. But if we breakdown 410 then sureshot buy at 321. Above 525 then it can be a rocket. Current situation is a bit negative
AMARAJA BATTERY Time Frame: long CMP: 784 View: Can head to new levels, 1200 is achievable, 752 is a good buy
SHAKTI PUMPS Time Frame: long CMP: 538 View: wait for 472 levels. It has formed a flag pattern. AVOID for now.
ENGINEERS INDIA Time Frame: long CMP: 157 View: 1st sign of reversal. On the support, after 167 it is good buy. For now it has weak volumes.
HDFC BANK Time Frame: March expiry CMP: 1893 View: buy 1880-85, target 1940 technical gap is there, if nifty supports
TATA MOTORS Time Frame: long CMP: 332 View: Buy at 320-321, gap at 394-395.
BERGER PAINTS Time Frame: long CMP: 247 View: Can be 400-500. it’s for a long term buy.
DHFL Time Frame: long CMP: 502 View: Done with correction. If we fall it will hold as strength is visible. Keep for the target 980-1000. 420 can be the channel low.
RAIN Time Frame: long CMP: 372 View: 550-600
BOMBAY DYING Time Frame: long CMP: 237 View: 218 is a good time to enter. Can triger the stock to 160 because of a gap
Sir you are mentioning two views at the same time ,so it's a bit confusing , would like you to have MORE CLARITY .
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