iCharts Discussions

[rameshraja]

Following are for Swing Trading:

Nifty Future: Buy around 9180 with Stop at 9129. TGT 9350 - 9570

DLF: Buy around 160 with Stop at 147. TGT 205 - 230

Yes Bank: Buy around 1625 with Stop at 1586. TGT 1760 - 1845


C T RAMESH RAJA

SEBI RA No: INH200001673

[rameshraja]

Bata India has cleared the Resistance at 580 and closed above that in EOD. Could well advance to next Resistance Level of 610 - 660. Henceforth, the stock need to defend its support of 555.

[rameshraja]

Hindunilvr trading near Support level of 915 and if breaks 895, it could decline to 800. Once when it breaks 895, its not Suppose to cross the Resistance level of 926.

[EssJay]

Sir, has the nifty trade been stopped out? Or is it on closing basis?

[rameshraja]

Hello Essjay

I have written for Nifty Future and it has not stoppedout yet.. If takesout stop, trend will change to downside.

[EssJay]

Thanks sir, for your prompt reply. Can you please also comment on infy and tcs?

[rameshraja]

CESC Future crossed the Resistance at 874 and could move to next level of 905 - 1020.. Its not supposed to break support level of 844.

[rameshraja]

Reliance Future Resistance at 1428 and crossing 1438, could open new levels to 1505 - 1585

[nvvaju]

9129 taken out. Trend reversal? Pls advise sir

[rameshraja]

Nifty Future long Stop takenout and has become short now.

Short around 9129 and add on pullback around 9200 with Stop at 9231. TGT 9015 - 8825 - 8640.

[voyager]

Good thread started Sir.

[chetan83]

[chetan83]

[rameshraja]

Hello Chetan

Yes Bank opened with huge gap on downside due to higher provisioning of bad loans. Stop is out on Gap opening and going forward, it could bounce to 1595 to 1610 to fill the Gap. Lets review the trade initiative, when it pullback to those levels.

[rameshraja]

Hindunilvr has strong support around 911 & breakdown below 895. From support , it can advance to next resistance levels of 965 - 1020. Breaking 895, sellers could dominate to push the stock to 855 - 800.