Geometric
This is the first stock i would like to trade this week.
- Inverted Hammer formation.
-MACD and RSI are on the verge of crossing upside.
-This stock can go up to 113-115 this week.
-Closing above on 105.50 on daily closing basis will be a motivator.
-Stoploss can be around 100!!
PowerGrid
This stock closed below 200 MA last week and bounced back with a good volume.
MACD and RSI is in oversold and there can be some upside in this week.
This stock should be trade with strict stoploss if 104.00.
Can go up to 117.
Disclaimer : Consult your advisor before trading!
Regards
Rinkesh Jain
This is the first stock i would like to trade this week.
- Inverted Hammer formation.
-MACD and RSI are on the verge of crossing upside.
-This stock can go up to 113-115 this week.
-Closing above on 105.50 on daily closing basis will be a motivator.
-Stoploss can be around 100!!
PowerGrid
This stock closed below 200 MA last week and bounced back with a good volume.
MACD and RSI is in oversold and there can be some upside in this week.
This stock should be trade with strict stoploss if 104.00.
Can go up to 117.
Disclaimer : Consult your advisor before trading!
Regards
Rinkesh Jain
HI Rinkesh,
ReplyDeleteCould you please advice on Tata Global (TATA TEA) and TATA STEEL.These two stocks have been hammered.At what level to enter.
God Bless.
Firoz.
Tata global looks positive with stoploss of 130.
DeleteTata steel is moving side ways and stoploss of 350.
Will upload chart later..!
Regards
Rinkesh