Trading Calls- HCL Technologies, Reliance & Britannia No ratings yet.

Nifty Trading tips

Trade Date-10/07/2018

(1) HCL Technolgies: The stock has formed a bullish candlestick pattern on daily charts and have also surpassed the 20 SMA on closing basis. Momentum in short term is on upside and higher levels may be witnessed in the stock in coming sessions.

Technical pattern: Three Inside Up
Action
Trigger Price
Stop Loss
Target 1
Target 2
BUY >965 945 986 1020

 

(2) Reliance: The stock has given a breakout in last trading session and looks good for more in short term. The stock may be bought above the levels of 1000 for targets mentioned below.

Technical pattern: Bullish crossover MACD
Action
Trigger Price
Stop Loss
Target 1
Target 2
BUY >1002 985 1020 1040

 

(3) Britannia: The stock has been looking very strong and directional strength is further supported by a strong ADX reading.

Technical pattern:  ADX >40
Action
Trigger Price
Stop Loss
Target 1
Target 2
BUY >6408 6200 6550 6800
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Author: Traders' Chowk

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