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How To Trade : SUN Pharma, TVS Motor, M&M, YES Bank and SBI

SBI : 50dMA crossing 100dMA ,RSI 5 as well as RSI 14 in Buy mode
 Resistance : 345-49 Support 328-325 Trade :long
M&M : Stock is in long term downtrend. However while you study charts it looks like its forming double bottom around 500 level. Weekly RSI 5 is suggesting best  entry at current levels, RSI 14 indicates is above 50, so trade long for medium term with sl below 500. Below 500 target can be 465-20.Resistance 535-40 target 560.Breakout above 562 will attract further buying for targets of 610-20.

TVS Motor : Some more upside left, so trade long above Friday day high. Major resistance placed around 478-92. A breakout above 490 can open fresh move towards 600-610 ( flag breakout)

SUN Pharma : Stock has good support around 420-400 and above 445 target will be 468-77. A breakout above 477 will attract fresh buying for the targets of 550-620. investors can wait.

YES BANK : Why you want to play with fire? However we have added some quantity near 42-45 with sl below 40 (strict) and targets 50-56. Fresh entry above 49 (SL 45) or on dips near 44-45 only with sl below 42.


Bank of Baroda : Visit recent post http://stocksbuzzcalls.blogspot.com/2019/12/how-to-trade-bhel-rbl-bank-sbi-sail-and.html.

SAIL : Visit recent post http://stocksbuzzcalls.blogspot.com/2019/12/how-to-trade-bhel-rbl-bank-sbi-sail-and.html.

L & T : Visit yesterday post http://stocksbuzzcalls.blogspot.com/2019/12/how-to-trade-adani-port-bhell-t-dlf-and.html