No blah blah from me about market. Charts speak for themselves about their moves and this was well demonstrated on the first day of this week with a huge upmove. That’s why I keep uploading charts in website as “ A Picture is worth a thousand words”
I know what a trader wants.. and I give clear entry with stop in place and probable Targets. No Hidden disclaimer from me like… sustaining above or below a level….
I write with strong conviction of what my analysis says and will not hesistate to accept as failure if market proves me wrong.
Lets march ahead ..
Nifty Future:
Resistance around 5218 and crossover of 5225 could take to 5275.
Support around 5140 and break of 5130 will lead to 5100.
Stock Future:
Buy HDFC Bank around 1910 with SL at 1889. TGT 1960 – 1980
Buy Sesa Goa around 406 with SL at 403. TGT 425 – 435
Swing call: ( Future)
Buy Orient Bank above 355 with SL at 335. TGT 395 – 410 – 430
Note:
All SLs mentioned above are trend reversals and if takenout, reversal trade can be considered.
Best wishes
Happy Trading
C T Ramesh Raja