Monday, November 7, 2016

HEXAWARE

Hexaware moved up from the reverse support. Can give a good upmove.

CMP    : 202
Target : 240, 275
SL       : 190


HEROMOTOCORP

Heromotocorp reacted from reverse support on Monthly Chart. It can give a good bounce from this level. 

CMP: 3359
Target: 3700
SL: 3250


ASIAN PAINTS

Asian Paints is at reversal support. There is a good chance of upward movement in this counter.

CMP: 1037
Target: 1200
SL: 1010


Sunday, November 6, 2016

NIFTY

Nifty is reaching reverse support on Monthly chart. This shows that the stocks discussed earlier can move up faster when Nifty takes this support and moves up.


INFOSYS

Infosys is at reverse support and 50 EMA on Monthly charts. Probability of upside is more.

CMP: 971
Target: 1050, 1250
SL: 960


Ambuja Cement

Ambuja Cement demonstrating a spinning top at 50 EMA ans at reverse support on weekly charts indicating a probable upward movement.

CMP    : 241
Target : 255
SL       : 235

ACC

ACC is at reverse support on weekly chart. One can start accumulating the stock.

CMP    : 1490
Target : 1650
SL       : 1475

BPCL

BPCL is giving an opportunity to Buy. Doji appearing at reverse support signifying there is a good chance of upside

CMP    : 643
Target : 680
SL       : 631