CSB68

CSB68

Bk of Baroda: Trading above all its EMAs viz 20/50/100/200.Moreover 20DEMA Cross over on daily chart and trading above its Trend line resistance of 260 with reasonable volume suggests a possible break out. I will be a buyer for a Target-1 of 275 and Target -2 of 285-290.Conservative traders may wait for a breakout confirmation at 265 levels(For educational purpose only)

CSB68

TVS MOTOR:Trading above its short term EMAs in hrly chart ,expect it to test 2500-2520,if holds at 2520 levels expect a break out towards 2600+(For educational purpose only)

CSB68

LAURUS LABS:Trading above all its critical EMAs viz 20/50/100/200 and has formed a flag pattern,based on the pattern the logical targets would be 500 -TGT 1 520 -TGT2(For educational purpose only)

CSB68

NIFTY -Positionally its on a weaker platform and is at its crucial support 100 DEMA, it it fails to hold 24400levels expect sell on rise and the next major support lies at 23900.Seems ,NIFTY will regain its buy momentum only if it retains 25K

CSB68

BNIFTY : Gave a close above its 20 DEMA gives an indication that the run will continue for a while. I will be a buyer on dips towards 51800 as well if it holds 52200 levels. above 52200 expect it to test 52365 followed by 52 500+. Sustaining at 52500+ levels likely to give a push towards 53000 ZONE. As there is a bullish gap which remains to be filled between...

CSB68

Bank Nifty : Violated its trend line support in daily chart and in the process breached its 20DEMA/50DEMA Supports. Has minor support at 50200 and its major support lies at 49500-its 200 DEMA. For Bank Nifty to gain any buying momentum need to hold above 51000 or otherwise expect sell on rise.(For educational purpose only)

CSB68

HDFC BANK LTD: In daily chart shows 20DEMA Crossing above other higher DEMAs,Increase in volume with EMA Cross over suggests,if HDFC holds 1650 likely to test 1675 followed by 1700+(For educational purpose only)

CSB68

BNK NIFTY:Sustaining above 465 likely to give a rounding bottom break out for a tgt of 550+(For Educational purpose only)

CSB68

SUZLON ENERGY: Turned out to be a multibagger from a single digit stock to 80+,Monthly chart pattern suggests the next stiff resistance at 90,i will be a buyer on dips and accumulate .rounding bottom pattern at 90 suggests a move towards 120 followed by 150.(For educational purpose only)