LARSEN & TURBO
L&T showed positive biasness today and traded in tight range. The stock has resistance level at 1680 and support level at 1623. In short term it is expected to consolidate with positive biasness and may test its resistance level.
Resistance2- 1721.37, Resistance1- 1681.23, Pivot Point 1661.62,
Support1- 1646.48, Support2- 1624.87
Buy L&T on dips
Targets- 1685-1697-1720
Stop Loss- 1648
Titan
Buy Titan
Targets 235-239-245
Stop Lloss- 223
HINDALCO
The stock moved down during the trading hours continuing its major downtrend. The stock is now facing resistance at 170 which is the 50 day moving average of the stock and has support at 163. Break of support may take the stock further down. One may go for selling the stock once it breaks its support level.
Resistance2- 174.65, Resistance1- 171.65, Pivot Point 166.6,
Support1- 164.6, Support2- 162.55
Buy Hindalco around 167
Targets- 170-172-173
Stop Loss- 164
L&T showed positive biasness today and traded in tight range. The stock has resistance level at 1680 and support level at 1623. In short term it is expected to consolidate with positive biasness and may test its resistance level.
Resistance2- 1721.37, Resistance1- 1681.23, Pivot Point 1661.62,
Support1- 1646.48, Support2- 1624.87
Buy L&T on dips
Targets- 1685-1697-1720
Stop Loss- 1648
Titan
Buy Titan
Targets 235-239-245
Stop Lloss- 223
HINDALCO
The stock moved down during the trading hours continuing its major downtrend. The stock is now facing resistance at 170 which is the 50 day moving average of the stock and has support at 163. Break of support may take the stock further down. One may go for selling the stock once it breaks its support level.
Resistance2- 174.65, Resistance1- 171.65, Pivot Point 166.6,
Support1- 164.6, Support2- 162.55
Buy Hindalco around 167
Targets- 170-172-173
Stop Loss- 164
0 comments
Post a Comment