CIPLA
The stock is currently moving in an up rally after crossing its resistance level. One could still hold the long positions in the stock as it is expected to move till the levels of 341-345 in coming trading sessions.
Resistance2- 348.63, Resistance1- 344.27, Pivot Point 337.43,
Support1- 333.07, Support2- 326.23
Buy CIPLA
Target - 345 & 349
Stop Loss - 335
SESA GOA
After making a high of 290.30 it is moving in a downward trend. It is now taking support at 278 and resistance at 289. It is now trading at 281.55, form this level further downside of movement would be expected. One can go for short position in it at 278 for the target of 270.
Resistance2- 286.95, Resistance1- 284.25, Pivot Point 282.25,
Support1- 279.55, Support2- 277.55
Sell Sesa Goa Below 280
Target - 268
Stop Loss - 286.
The stock is currently moving in an up rally after crossing its resistance level. One could still hold the long positions in the stock as it is expected to move till the levels of 341-345 in coming trading sessions.
Resistance2- 348.63, Resistance1- 344.27, Pivot Point 337.43,
Support1- 333.07, Support2- 326.23
Buy CIPLA
Target - 345 & 349
Stop Loss - 335
SESA GOA
After making a high of 290.30 it is moving in a downward trend. It is now taking support at 278 and resistance at 289. It is now trading at 281.55, form this level further downside of movement would be expected. One can go for short position in it at 278 for the target of 270.
Resistance2- 286.95, Resistance1- 284.25, Pivot Point 282.25,
Support1- 279.55, Support2- 277.55
Sell Sesa Goa Below 280
Target - 268
Stop Loss - 286.
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