Friday, 28 October 2016

DIWALI PICKS 2016

CASH-BUY JUBILANT  ABOVE 700 TG 730,750 
It is expected to continue the bull run with the crossing of the resistance level of 700, as One may initiate the long position above the mentioned level for the targets of 730,750 
FUTURE-BUY LT ABOVE 1490 TG 1510,1525
Stock is is showing correction since past few sessions. it may give good return on bullish pattern by bouncing back strategy as script is going to maintain its position consistently with keeping resistance level of 1490,1500 and support level of 1460,1450.
FUTURE -BUY M&M  ABOVE 1325 TG 1350/1375 
The stock is showing correction since past few sessions.Currently it has formed reversal pattern on the short term charts and trading below the resistance level of 1375.Breakout of its resistance level may show recovery in it where traders can expect targets of 1350 and 1375 while major support of 1280.
CASH-BUY COLPAL ABOVE 975 TG 995/1015
After giving breakout of its range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 975, one may expect the targets of 995,1015 in the stock if it manages to sustain above the immediate support level of 950.
FUTURE- BUY AXISBANK ABOVE 496 TGT 510/525
After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 500.One may get the targets of 510,525.  

No comments:

Post a Comment