Friday, March 9, 2018

WEEKLY TRADE IDEA ON YESBANK FOR 12-16 MAR 2018


sell YESBANK below 305 TGT 295/285 SL 320

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YESBANK is in the downtrend since January and is forming a downtrend pattern in short-term charts, it is likely to show correction with the breach of the support level of 305, where one may initiate the short position in it for the targets of 295,285. while stop loss can be placed at 320.   Primary trend of the YESBANK is bearish and if it will able to sustain above WEEKLY RESISTANCE POINT, then it will forming continuation pattern for uptrend; for now the stock is trading below its 22 and 55&200 days moving averages with the RSI of 40, one may expect the BUYING ABOVE 320 and targets of 324/329 in YESBANK.  if it manages to sustain above the immediate support level of 312 .first resistance level seen on charts at 320.
DAILY CHART FOR YESBANK

Thursday, March 8, 2018

STOCK FUTURE CALL FOR 09 MAR 2018


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Primary trend of the SYNDIBANK is bullish for now and  After showing correction from the higher level of 95.90, now stock is trading in short-term recovery phase, it is forming

Wednesday, March 7, 2018

MARUTI IS IN SHORT TERM REVERSAL PHASE


SELL MARUTI BELOW 8720 TGT 8650/8575 SL 8800

TO GET LIVE CALLS PLEASE FILL UP THE FORM GIVEN HERE>>>
 OR WHATS UP ME ON 09039542248
TECHNICAL VIEW:  Maruti is forming a reversal pattern in short-term charts, the Primary trend of the MARUTI is bearish. Strong Support level is seen on the daily chart at 8550. , it is likely to show correction with the breach of the support level of 8575, where one may initiate the short position in it for the targets of 8500, while stop loss can be placed at 8800.  as the stock is managing to trade BELOW its 22& 55 days moving averages with the RSI of 40.  After the breakout, the level of 8800 One may get the targets of 8850,8950 in the stock with the stop loss of 8500.200 EMA seen as a strong support at 8199 .
DAILY CHART FOR MARUTI: