Trading Calls- Infosys, PC Jeweller & Britannia No ratings yet.

Nifty Trading tips

Trade Date- 18/06/2018

(1) Infosys:  The stock has been showing a strong bullish bias and is trading at a breakout level. Any break above the 1293 odd levels may again trigger a fresh demand in the counter and the stock may witness another fresh highs.

Technical pattern: Price breakout
Action
Trigger Price
Stop Loss
Target 1
Target 2
BUY >1293 1260 1320 1360

 

(2) PC Jeweller:  The stock is trading in a  narrow consolidation range and the breakout above 165 may be used as an opportunity to add fresh longs in the counter.

Technical pattern: Symmetrical Triangle
Action
Trigger Price
Stop Loss
Target 1
Target 2
BUY >165 157 175 190

 

(3) Britannia: The stock has been showing good strength in this series and all momentum oscillators indicates a ‘buy’. Going by the trend strength, ADX  indicator also indicates a strong bullish bias in the counter.

Technical pattern: Strong ADX reading
Action
Trigger Price
Stop Loss
Target 1
Target 2
BUY >6180 6080 6260 6370

Disclaimer: All views expressed in this site are for reference only. Readers must consult their own investment adviser  before taking any investment/trading decision. We hold no financial liability to any user on account of use of information provided on this website.

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Author: Traders' Chowk

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