Date: 8th November 2015
Grasim ( LTP 3689.05)
Price is trading near previous supply zone. Column reversal will provide trading opportunity. 3550 possible.
Mindtree (LTP 1498.45)
Negative divergence. And follow through to High pole make the picture negative. Short with stop placed at 1540 for target around 1380.
TVS Motor (LTP 283.30)
Supports at Anchor point worked. Will the resistance work? Opportunity to short with stop around 290 on closing basis. 268 likely.
- Prashant Shah, CMT, CFTe
Grasim ( LTP 3689.05)
Price is trading near previous supply zone. Column reversal will provide trading opportunity. 3550 possible.
Mindtree (LTP 1498.45)
Negative divergence. And follow through to High pole make the picture negative. Short with stop placed at 1540 for target around 1380.
TVS Motor (LTP 283.30)
Supports at Anchor point worked. Will the resistance work? Opportunity to short with stop around 290 on closing basis. 268 likely.
- 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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