Hi Traders/investors,
Lets look at these two stocks.
Cairn India:
Cairn has been on upswing since few months but it is reapproaching its support and has touched its trendline support. It has a support zone at 312 - 310. Below 312-310 on closing basis it can go down too as people are still apprehensive of its deal with vendanta which is not coming off.
If it goes above 315-316 on closing basis. Then buy this stock. Otherwise leave it.
Target: 328-334
SL: 310-308
DCB:
This stock was given a sell a few days ago. And now it is following the prediction very well. But be careful while trading intraday as this stock is a jumpy one. But general trend should follow. Use your own discretion.
Target: 48,46,43
Current SL: 51
Lets look at these two stocks.
Cairn India:
Cairn has been on upswing since few months but it is reapproaching its support and has touched its trendline support. It has a support zone at 312 - 310. Below 312-310 on closing basis it can go down too as people are still apprehensive of its deal with vendanta which is not coming off.
If it goes above 315-316 on closing basis. Then buy this stock. Otherwise leave it.
Target: 328-334
SL: 310-308
DCB:
This stock was given a sell a few days ago. And now it is following the prediction very well. But be careful while trading intraday as this stock is a jumpy one. But general trend should follow. Use your own discretion.
Target: 48,46,43
Current SL: 51
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