Intraday Stock Tips

Bull Traders Are Preparing For The Rally In ESCORTS

ESCORTS has completed the corrective structure. If it gives an upward breakout, our targets will be 1576-1630-1706-1748.

Caution: Price can make a new low if It breaks the 1422 level.

UPDATE: Apollo Hospitals Technical Analysis – Bullish double bottom appears to have formed

Click the below link to read Apollo Trading Tips Report:
NSE Adani, Apollo, & Ambuja Cements – Acceleration Phase

I had written today at 9:04 AM, “APOLLO HOSP has formed double bottom pattern formation by retesting strong support of the 4010 level. And if we see consecutive closing prices above the current closing level, then Apollo Hospitals’ shares may come to hit the 4300 – 4400 levels before the month-end.”

It has touched the first target of 4300 level by making a new high of 4308.5.

UPDATE: Tech Mahindra Trying To Break All-Time High

Click the below link to read Tech Mahindra Call:
NSE – HDFC, Tata Consultancy, & Tech Mahindra Ready to Blast

Today I had written in bold words, “Technically, TECHM is trying to make a new all-time high. The day’s candles are making long wicks from the past four trading sessions. And if you look into volume, tech Mahindra stock is trying to throw out the sellers. We may see 1590 – 1636+“.

It has made a new all-time high of 1630 which is very close to the last target price of 1636 level.

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Jubilant Foodworks May Break Apr 2020 Parallel Channel (Closing Price: 3671.05)

JUBLFOOD is running under the parallel channel from Apr 2020. But this time, its downtrend power is more compared to the previous corrections. Hence, we may see an excess here likes spotted on the resistance trendline. Once it gets done, it will start an uptrend and come back to the control price.

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DLF: Falling, Beginning of a New Downtrend? (Closing Price: 401.15)

If you bought DLF, then don’t take it lightly. The last trading session closing price is below to support level of 407. And if it remains below that, then a downtrend will initiate again. Moreover, DLF prices may decrease up to 386 – 374 – 360.

Naukri Continues To Grind Lower (Closing Price: 5955.70)

Strong Resistance: 6182
When will Naukri stock price stop declining? The uptrend will resume after a breakout of the strong resistance level.

Next Support Level: 5500
Be ready for the levels of 5796 – 5700 – 5660.

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