MARUTI IS IN SHORT TERM REVERSAL PHASE

SELL MARUTI BELOW 8594 TGT 8550/8500 SL 8660

TECHNICAL VIEW:  After showing strong bullish movement, it is forming a reversal pattern in short-term charts, the Primary trend of the LT is bearish. Strong Support level is seen on the daily chart at 8594. , it is likely to show correction with the breach of the support level of 8594, where one may initiate the short position in it for the targets of 8550/8500, while stop loss can be placed at 8660. On the other side, It is likely to continue the upside move in near term with the crossing of the resistance level of 8660. as the stock is managing to trade above its 22& 50 and 200 days moving averages with the RSI of 70.  After the breakout, the level of 8660 One may get the targets of 8690,8720 in the stock with the stop loss of 8570.

DAILY CHART FOR MARUTI:

BULLISH: JUBLFOOD ROCKSSS

WEEKLY JUBLFOOD ; ACHIEVED TARGET 1820
AS PREDICTED ON 24 NOV

BUY GIVEN AT 1785

TOTAL PROFIT: 23000 PER LOT

JUBLFOOD RUNNING AT 1831 RAISE SL TO COST (1785)FOR FINAL TGT 1850

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DAILY CHART FOR JUBLFOOD

KEEP AN EYE ON JUSTDIAL ON 28 NOV 2017

BUY JUSTDIAL ABOVE 540 TGT 550/555 SL 530

Primary trend of the JUSTDIAL  is bullish and 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 545 ; Overall trend of the JUSTDIAL is bullish and after experiencing small correction from the higher level. as the stock is managing to trade above its 22& 55 & 200 days moving averages with the RSI of 65, one may expect the targets of 550/555 in the stock if it manages to sustain above the immediate support level of 530. 550 level can see at strong resistance in intraday charts. it is likely to experience fresh buying with the crossing of 545.

DAILY CHART FOR JUSTDIAL: