LAST WEEKLY RECOMMENDATION:
HAVELLS IS ON FIREEEEEEEEEEEEEE !!!!!!!!!!!!
ALMOST HIT FIRST TGT 290 MADE LOW OF 292.60 SELL AT AT 305
HAVELLS IS ON FIREEEEEEEEEEEEEE !!!!!!!!!!!!
ALMOST HIT FIRST TGT 290 MADE LOW OF 292.60 SELL AT AT 305
LOT SIZE: 2000
TOTAL PROFIT: 49600 IN JUST TWO LOT
FUTURE :
“SELL M&M BELOW 1220 TGT 1170/1130”
WEEKLY CHART FOR M&M
DAILY & WEEKLY SUPPORT AND RESISTANCE FOR M&M:
M&M levels generated based on
2016-01-08 data for the next trading day.
Daily
|
R4
|
R3
|
R2
|
R1
|
BULL
|
LOC
|
BEAR
|
S1
|
S2
|
S3
|
S4
|
level
|
1235
|
1222
|
1213
|
1208
|
1203
|
1197
|
1191
|
1186
|
1180
|
1172
|
1158
|
M&M Weekly levels generated for
the week starting from 2016-01-04
Weekly
|
R4
|
R3
|
R2
|
R1
|
REV
|
BULL
|
LOC
|
BEAR
|
REV
|
S1
|
S2
|
S3
|
S4
|
Levels
|
1348
|
1333
|
1308
|
1293
|
1274
|
1268
|
1263
|
1259
|
1253
|
1234
|
1219
|
1203
|
1194
|
M&M After showing correction from the higher level. Now It is
looking weak on charts. , it is likely to show correction with the breach of
the support level of 1200, where one may initiate the short position in it for
the targets of 1150, while stop loss can be placed at 1280. The stock is
showing correction since past few sessions and also sustaining above 200 EMA lower trend line support level. Currently it
has formed bearish pattern on the weekly
charts and trading below the resistance level of 1280.Breakout of its
resistance level may show recovery in it where traders can expect targets of
1300 and 1400 while major support of 1200 can be placed as technical stop loss.
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