Technical Calls News Today

Read more about Two stock picks by Osho Krishan: Buy NOCIL, Chambal Fertilisers on Business Standard. NOCIL has been trading in a symmetrical triangle pattern on the daily time frame

BUY HERO MOTO | TARGET: Rs 3,050 | STOP LOSS: Rs 2,740 The recent correction in the market dragged the stock of Hero MotoCorp from the high of Rs 3,600 towards Rs 2,800, a nearly 20 per cent erosion from the top. Post this fall, the stock found support at the placement of Ichimoku Cloud on the weekly scale and that could be a demand zone. Also, we are witnessing a Bullish Hammer candlestick pattern on the weekly chart which indicates the possibility of strong reversal. Hence, traders are advise...

Initiation range: Rs 1,045-1055 Target: Rs 990 Stop loss: Rs 1,075 Voltas has been hovering in a range after the phenomenal run from roughly Rs 425 to a record high of Rs 1,132. It slipped below the immediate support zone of the short-term moving average (20-EMA) on the daily charts on March 16 and is likely to see some profit-taking ahead. Traders may consider creating fresh shorts in the mentioned zone. ============================================================================= http:...

BL Research BureauNifty 50 January Futures (14,545)Amid mixed Asian market, the Indian benchmark indices opened marginally lower in today’s session. But after an initial blip, the indices started to r