Monday 27 July 2015

Nifty

Nifty is likely to continue downtrend if it closes below 8400 . So wait for a close below 8400 and buy August 8300 put option for a target of 8200+.

Monday 6 July 2015

Uptrend to continue

Nifty chart



After breakout from the descending channel Nifty has continued the uptrend . Hold long positions for the target of 8667 and above . 

Havells



Havells is taking support at 50 DMA . As long as it is above 50 DMA trend will be up . So medium term investors can buy and hold havells for a target of 315+

Tuesday 2 June 2015

Downtrend below 8200


If Nifty closes below 8200 buy 8100 put option . Expected targets are 8100-8050-8000 and much below .

Monday 11 May 2015

Uptrend resumed


Since nifty has closed above 8300 (spot) we can say that uptrend has started once again 8500 is the minimum expected target  . Stop loss close below 8100 . Buy 8400 call option .

Monday 13 April 2015

Tata Motors

Tata Motors weekly chart



In the last week Tata Motors has closed above 20 WMA which is a bullish sign . Buy tata motors at cmp and hold as long as it is above Rs.540 target is around Rs. 600