Date: 1st November 2015
Bajaj auto (LTP: 2550.45)
Price has witnessed column reversal from previous supply zones. Expect it to come to anchor point of current move at least which is place around 2420. Stop is to be placed at 2590.
Dr Reddy (LTP: 4279.90)
Price at supply zone but need confirmation of column reversal. Upside not crossing 4355 is an opportunity for bears. Expect it around 3900 soon if failed to cross that level.
Bajaj auto (LTP: 2550.45)
Price has witnessed column reversal from previous supply zones. Expect it to come to anchor point of current move at least which is place around 2420. Stop is to be placed at 2590.
Dr Reddy (LTP: 4279.90)
Price at supply zone but need confirmation of column reversal. Upside not crossing 4355 is an opportunity for bears. Expect it around 3900 soon if failed to cross that level.
- Prashant Shah, CMT, CFTe
Disclaimer:
All information provided above is for general information purposes only and does not constitute any investment advice. The readers of this material should take their own professional advice before acting on this information.
All information provided above is for general information purposes only and does not constitute any investment advice. The readers of this material should take their own professional advice before acting on this information.
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