Be alert with signals of lower time frame charts
Nifty support level 17200 and 17050 and resistance level around 17800 and 18000
If nifty sustain above 17200/17100 levels, then may reach 17800 and 18000 level.
Nifty is overbought as per lower time frame charts and weak as per higher time frame charts. So, weakness in lower time frame charts, can make market to fall. hence, trader should be alert and active on sell signals given by lower time frame charts. Currently lower time frame charts in buy scenario.
Nifty bank showing support around 36200 And resistance around 38000.
Currently lower time frame charts in nifty and bank nifty are in buy mode.
Trading can be done with proper stop loss in following stocks,
Please read and follow disclaimer
NAME OF STOCK | ACTION | ACTION PRICE | STOP LOSS | TARGET |
MGL | BUY | 900 | 875 | 960…..980 |
AUROBINDO | BUY | 680 | 660 | 760 |
CADILA | BUY | 460 | 440 | 520 |
COLPAL | BUY | 1430 | 1410 | 1520 |
GUJ PETRONET | BUY | 305 | 300 | 320 |
IBHOUSING | BUY | 250 | 245 | 300 |
NMDC | BUY | 145 | 140 | 160 |
SYNGENE | BUY | 595 | 590 | 630 |
TORRENT PHARMA | BUY | 3035 | 3000 | 3300 |