Ticker

6/recent/ticker-posts

How To Trade : PFC, Canara Bank, ABFRL, Reliance and Angel One

 



Stock is looking good on weekly charts with bullish hammer pattern and on daily charts with bullish engulfing pattern. Have a look on daily chart indicating possible targets of 333 to 348 in coming days while stoploss can be placed at 312 on closing basis. 

 




Angel One Stock is in down trend for last 8 months and has come down to 2030 from the highs of 3896. In this fall stock has completed 61.8% Fibonacci Retracement of its entire previous rally from 1010 to 3896. Now stock is getting some support from its previous high /trendline at 2020. Stock can be added with stop below 2000 for short term targets of 2330 to 2430 and medium term/long term investment can be done above 2435 for the targets of 3000-3200. Below 2000 next support is around 1600. Have a look at weekly chart





Stock is hovering between 105 and 129 for last 6-7 months. At cmp stock is looking good for short term targets of 114-117 and above that 129. Have a look at daily and weekly chart








Stock has corrected significantly in last one month. Now stock is taking support near trendline. Add for targets of 545 to 605 in coming days. Stoploss can be placed at 480





Stock is taking support from major trendline. Add for targets of 3100-3400 with stoploss of 2850.