Stock Market Tips India, Stock Market Tips, Commodity Tips India, Commodity Tips , Nifty Tips, Nifty Options,nifty Futures Tips, MCX NCDEX Tips
Showing posts with label Nifty trading tips. Show all posts
Showing posts with label Nifty trading tips. Show all posts

Friday, January 6, 2012

Equity Trading Tips, Intraday Trading Tips, Equity Nifty tips, Equity STBT Tips, Nifty Option Strangle Tips







05/01/2012 Equity Trading calls 06/01/2012 book full profit




Que:- Sell Raymond CMP 314.5 BFP 300 SL 320 1-2 days (For disclaimer visit 


www.devangvisaria.com )





Ans :- Raymanod fut CMP---309.45 Take full profits on our Short call initiated @ 314.5 


levels.Profit per lot Rs 5050/-




05/01/2012 Equity STBT calls 06/01/2012 book full profit



Que:- STBT (Sell today Buy tomorrow) Vip InD Jan Fut CMP---79.90 Sl --82.50 (For disclaimer 


visit www.devangvisaria.com)



Ans :- Vip Ind Fut CMP---78.2 Take full profits on our STBT call initiated @ 79.9 levels. Profit 


per lot Rs 2125/-




06/01/2012 Equity nifty future calls 06/01/2012 book full profit



Que:- Intraday Buy Nifty Fut CMP 4708 BPP 4750 BFP 4772 Sl 4678 (For disclaimer visit 


www.devangvisaria.com)



Ans :- Nifty fut CMP---4744 Take part profits on our Intraday Long call initiated @ 4708 levels. 


Trail stop to cost.



Ans :- Nifty fut CMP---4777 Take full profits on our Intraday Long call initiated @ 4708 


levels.bpp done @ 4744 levels.




06/01/2012 Equity Intraday calls 06/01/2012 book full profit



Que:- Intraday Buy LT CMP 1069 BFP 1095 SL 1055 (For disclaimer visit 


www.devangvisaria.com)



Ans :- LT CMP---1095 target Take full profits on our Intraday Long call initiated @ 1069 levels. 


Profit per lot Rs 6500/-

05/01/2012 Equity Nifty Strangle Calls 05/01/2012 book full profit



Que:-Sell NIFTY 4400 put Jan cmp--43 and NIFTY 4900 call cmp---33.50 Total Inflow 


Rs.76--78, sl---92.50 Targets 50 3-5 days (Disclaimer Visit www.de3vangvisaria.com 



Ans :- NIFTY (4400 put+4900 call)CMP - 61.20 Take part profits on our Trading Short


call initiated @ 77 levels.trail stop to 66.50.

Tuesday, January 3, 2012

investment Equity tips, Commodity tips, Stock market tips


investment Equity tips, Commodity tips, Stock market tips
Starting a new business or getting into a kind of new investment decision everything needs having someone who would advice you for doing it in the way it should be or have to be. Be an professional or any normal individual everyone needs to take strategies from the individuals who carry some kind of experience in the particular area.
Being an buyer I think that Devang visaria Trading and investment consultant Equity tips and Commodity tips is one of the best organizations in this segment and has gained a lot of identification in a very short period of their organization, they offer a test offer ability that would create their customers aware of their solutions and offer them the required adhere to ups. Even more far they offer some jackpot feature calls which are having such a outrageous reliability which could be believed between 90-95%. The organization focuses on offering the guidelines relevant to stock alternatives guidelines, investment decision guidelines, mcx guidelines and a guarantee guidelines.
Similar is the situation with the individuals who are committing into share industry as this is case “when money matters” and when money comes in mind everyone would like to shell out it in better manner than to have reduction. At this point of your energy and effort we all start flowing for the individuals who can offer most precise strategies for their investment decision. There are a large number of alternatives form where we can get the strategies but whom to go by becomes a very challenging decision to create.
Instead of going for someone who just create a outrageous creativity about the ever modifying industry we can opt for advisory organizations which are specifically introduced into everyday living for giving strategies to the individuals not merely through industry rumors but through various research and examining industry place conditions. There are a large number of organizations that you can buy which are working in this area from a while and have gained a lot of reputation. But we should go for the organization which is capable of offering us with the certainty that we are going to generate income if we are following their guidelines.
Stock Advisory Company does not merely offer rumors relevant to industry place but they offer a lot of value for a person's money as they also give some actions to them, which act as stream between committing and losing more income. These actions are required because the position of industry place is ever modifying and even if industry place is not in the constant state by following their strategies one can avoid a lot of of reduction which otherwise would have been triggered.
Sometimes too many strategies can lead you nowhere that is why we should adhere to the strategies of those who are the best that you can buy and offer with all what is required by when comes question of cash. So instead of going for too many alternatives that you can buy one should have confidence in the most reliable individuals that you can buy and should test their skills through the solutions or tests provided by them.
Devang visaria Trading and investment consultant Equity tips and Commodity tips is a Stock Advisory Company, having a strong carry in offering most genuine and precise Equity Tips as well as Commodity Tips.
We are a team of highly capable experts, who produce their experience in offering currency markets needs investors which include Stock Tips, Commodity Tips, MCX Tips, Equity Tips and Intraday Tips.

investment Equity tips, Commodity tips, Stock market tips


investment Equity tips, Commodity tips, Stock market tips
Starting a new business or getting into a kind of new investment decision everything needs having someone who would advice you for doing it in the way it should be or have to be. Be an professional or any normal individual everyone needs to take strategies from the individuals who carry some kind of experience in the particular area.
Being an buyer I think that Devang visaria Trading and investment consultant Equity tips and Commodity tips is one of the best organizations in this segment and has gained a lot of identification in a very short period of their organization, they offer a test offer ability that would create their customers aware of their solutions and offer them the required adhere to ups. Even more far they offer some jackpot feature calls which are having such a outrageous reliability which could be believed between 90-95%. The organization focuses on offering the guidelines relevant to stock alternatives guidelines, investment decision guidelines, mcx guidelines and a guarantee guidelines.
Similar is the situation with the individuals who are committing into share industry as this is case “when money matters” and when money comes in mind everyone would like to shell out it in better manner than to have reduction. At this point of your energy and effort we all start flowing for the individuals who can offer most precise strategies for their investment decision. There are a large number of alternatives form where we can get the strategies but whom to go by becomes a very challenging decision to create.
Instead of going for someone who just create a outrageous creativity about the ever modifying industry we can opt for advisory organizations which are specifically introduced into everyday living for giving strategies to the individuals not merely through industry rumors but through various research and examining industry place conditions. There are a large number of organizations that you can buy which are working in this area from a while and have gained a lot of reputation. But we should go for the organization which is capable of offering us with the certainty that we are going to generate income if we are following their guidelines.
Stock Advisory Company does not merely offer rumors relevant to industry place but they offer a lot of value for a person's money as they also give some actions to them, which act as stream between committing and losing more income. These actions are required because the position of industry place is ever modifying and even if industry place is not in the constant state by following their strategies one can avoid a lot of of reduction which otherwise would have been triggered.
Sometimes too many strategies can lead you nowhere that is why we should adhere to the strategies of those who are the best that you can buy and offer with all what is required by when comes question of cash. So instead of going for too many alternatives that you can buy one should have confidence in the most reliable individuals that you can buy and should test their skills through the solutions or tests provided by them.
Devang visaria Trading and investment consultant Equity tips and Commodity tips is a Stock Advisory Company, having a strong carry in offering most genuine and precise Equity Tips as well as Commodity Tips.
We are a team of highly capable experts, who produce their experience in offering currency markets needs investors which include Stock Tips, Commodity Tips, MCX Tips, Equity Tips and Intraday Tips.

investment Equity tips, Commodity tips, Stock market tips


investment Equity tips, Commodity tips, Stock market tips
Starting a new business or getting into a kind of new investment decision everything needs having someone who would advice you for doing it in the way it should be or have to be. Be an professional or any normal individual everyone needs to take strategies from the individuals who carry some kind of experience in the particular area.
Being an buyer I think that Devang visaria Trading and investment consultant Equity tips and Commodity tips is one of the best organizations in this segment and has gained a lot of identification in a very short period of their organization, they offer a test offer ability that would create their customers aware of their solutions and offer them the required adhere to ups. Even more far they offer some jackpot feature calls which are having such a outrageous reliability which could be believed between 90-95%. The organization focuses on offering the guidelines relevant to stock alternatives guidelines, investment decision guidelines, mcx guidelines and a guarantee guidelines.
Similar is the situation with the individuals who are committing into share industry as this is case “when money matters” and when money comes in mind everyone would like to shell out it in better manner than to have reduction. At this point of your energy and effort we all start flowing for the individuals who can offer most precise strategies for their investment decision. There are a large number of alternatives form where we can get the strategies but whom to go by becomes a very challenging decision to create.
Instead of going for someone who just create a outrageous creativity about the ever modifying industry we can opt for advisory organizations which are specifically introduced into everyday living for giving strategies to the individuals not merely through industry rumors but through various research and examining industry place conditions. There are a large number of organizations that you can buy which are working in this area from a while and have gained a lot of reputation. But we should go for the organization which is capable of offering us with the certainty that we are going to generate income if we are following their guidelines.
Stock Advisory Company does not merely offer rumors relevant to industry place but they offer a lot of value for a person's money as they also give some actions to them, which act as stream between committing and losing more income. These actions are required because the position of industry place is ever modifying and even if industry place is not in the constant state by following their strategies one can avoid a lot of of reduction which otherwise would have been triggered.
Sometimes too many strategies can lead you nowhere that is why we should adhere to the strategies of those who are the best that you can buy and offer with all what is required by when comes question of cash. So instead of going for too many alternatives that you can buy one should have confidence in the most reliable individuals that you can buy and should test their skills through the solutions or tests provided by them.
Devang visaria Trading and investment consultant Equity tips and Commodity tips is a Stock Advisory Company, having a strong carry in offering most genuine and precise Equity Tips as well as Commodity Tips.
We are a team of highly capable experts, who produce their experience in offering currency markets needs investors which include Stock Tips, Commodity Tips, MCX Tips, Equity Tips and Intraday Tips.

investment Equity tips, Commodity tips, Stock market tips


investment Equity tips, Commodity tips, Stock market tips
Starting a new business or getting into a kind of new investment decision everything needs having someone who would advice you for doing it in the way it should be or have to be. Be an professional or any normal individual everyone needs to take strategies from the individuals who carry some kind of experience in the particular area.
Being an buyer I think that Devang visaria Trading and investment consultant Equity tips and Commodity tips is one of the best organizations in this segment and has gained a lot of identification in a very short period of their organization, they offer a test offer ability that would create their customers aware of their solutions and offer them the required adhere to ups. Even more far they offer some jackpot feature calls which are having such a outrageous reliability which could be believed between 90-95%. The organization focuses on offering the guidelines relevant to stock alternatives guidelines, investment decision guidelines, mcx guidelines and a guarantee guidelines.
Similar is the situation with the individuals who are committing into share industry as this is case “when money matters” and when money comes in mind everyone would like to shell out it in better manner than to have reduction. At this point of your energy and effort we all start flowing for the individuals who can offer most precise strategies for their investment decision. There are a large number of alternatives form where we can get the strategies but whom to go by becomes a very challenging decision to create.
Instead of going for someone who just create a outrageous creativity about the ever modifying industry we can opt for advisory organizations which are specifically introduced into everyday living for giving strategies to the individuals not merely through industry rumors but through various research and examining industry place conditions. There are a large number of organizations that you can buy which are working in this area from a while and have gained a lot of reputation. But we should go for the organization which is capable of offering us with the certainty that we are going to generate income if we are following their guidelines.
Stock Advisory Company does not merely offer rumors relevant to industry place but they offer a lot of value for a person's money as they also give some actions to them, which act as stream between committing and losing more income. These actions are required because the position of industry place is ever modifying and even if industry place is not in the constant state by following their strategies one can avoid a lot of of reduction which otherwise would have been triggered.
Sometimes too many strategies can lead you nowhere that is why we should adhere to the strategies of those who are the best that you can buy and offer with all what is required by when comes question of cash. So instead of going for too many alternatives that you can buy one should have confidence in the most reliable individuals that you can buy and should test their skills through the solutions or tests provided by them.
Devang visaria Trading and investment consultant Equity tips and Commodity tips is a Stock Advisory Company, having a strong carry in offering most genuine and precise Equity Tips as well as Commodity Tips.
We are a team of highly capable experts, who produce their experience in offering currency markets needs investors which include Stock Tips, Commodity Tips, MCX Tips, Equity Tips and Intraday Tips.

investment Equity tips, Commodity tips, Stock market tips


investment Equity tips, Commodity tips, Stock market tips
Starting a new business or getting into a kind of new investment decision everything needs having someone who would advice you for doing it in the way it should be or have to be. Be an professional or any normal individual everyone needs to take strategies from the individuals who carry some kind of experience in the particular area.
Being an buyer I think that Devang visaria Trading and investment consultant Equity tips and Commodity tips is one of the best organizations in this segment and has gained a lot of identification in a very short period of their organization, they offer a test offer ability that would create their customers aware of their solutions and offer them the required adhere to ups. Even more far they offer some jackpot feature calls which are having such a outrageous reliability which could be believed between 90-95%. The organization focuses on offering the guidelines relevant to stock alternatives guidelines, investment decision guidelines, mcx guidelines and a guarantee guidelines.
Similar is the situation with the individuals who are committing into share industry as this is case “when money matters” and when money comes in mind everyone would like to shell out it in better manner than to have reduction. At this point of your energy and effort we all start flowing for the individuals who can offer most precise strategies for their investment decision. There are a large number of alternatives form where we can get the strategies but whom to go by becomes a very challenging decision to create.
Instead of going for someone who just create a outrageous creativity about the ever modifying industry we can opt for advisory organizations which are specifically introduced into everyday living for giving strategies to the individuals not merely through industry rumors but through various research and examining industry place conditions. There are a large number of organizations that you can buy which are working in this area from a while and have gained a lot of reputation. But we should go for the organization which is capable of offering us with the certainty that we are going to generate income if we are following their guidelines.
Stock Advisory Company does not merely offer rumors relevant to industry place but they offer a lot of value for a person's money as they also give some actions to them, which act as stream between committing and losing more income. These actions are required because the position of industry place is ever modifying and even if industry place is not in the constant state by following their strategies one can avoid a lot of of reduction which otherwise would have been triggered.
Sometimes too many strategies can lead you nowhere that is why we should adhere to the strategies of those who are the best that you can buy and offer with all what is required by when comes question of cash. So instead of going for too many alternatives that you can buy one should have confidence in the most reliable individuals that you can buy and should test their skills through the solutions or tests provided by them.
Devang visaria Trading and investment consultant Equity tips and Commodity tips is a Stock Advisory Company, having a strong carry in offering most genuine and precise Equity Tips as well as Commodity Tips.
We are a team of highly capable experts, who produce their experience in offering currency markets needs investors which include Stock Tips, Commodity Tips, MCX Tips, Equity Tips and Intraday Tips.

investment Equity tips, Commodity tips, Stock market tips


Starting a new business or getting into a kind of new investment decision everything needs having someone who would advice you for doing it in the way it should be or have to be. Be an professional or any normal individual everyone needs to take strategies from the individuals who carry some kind of experience in the particular area.
Being an buyer I think that Devang visaria Trading and investment consultant Equity tips and Commodity tips is one of the best organizations in this segment and has gained a lot of identification in a very short period of their organization, they offer a test offer ability that would create their customers aware of their solutions and offer them the required adhere to ups. Even more far they offer some jackpot feature calls which are having such a outrageous reliability which could be believed between 90-95%. The organization focuses on offering the guidelines relevant to stock alternatives guidelines, investment decision guidelines, mcx guidelines and a guarantee guidelines.
Similar is the situation with the individuals who are committing into share industry as this is case “when money matters” and when money comes in mind everyone would like to shell out it in better manner than to have reduction. At this point of your energy and effort we all start flowing for the individuals who can offer most precise strategies for their investment decision. There are a large number of alternatives form where we can get the strategies but whom to go by becomes a very challenging decision to create.
Instead of going for someone who just create a outrageous creativity about the ever modifying industry we can opt for advisory organizations which are specifically introduced into everyday living for giving strategies to the individuals not merely through industry rumors but through various research and examining industry place conditions. There are a large number of organizations that you can buy which are working in this area from a while and have gained a lot of reputation. But we should go for the organization which is capable of offering us with the certainty that we are going to generate income if we are following their guidelines.
Stock Advisory Company does not merely offer rumors relevant to industry place but they offer a lot of value for a person's money as they also give some actions to them, which act as stream between committing and losing more income. These actions are required because the position of industry place is ever modifying and even if industry place is not in the constant state by following their strategies one can avoid a lot of of reduction which otherwise would have been triggered.
Sometimes too many strategies can lead you nowhere that is why we should adhere to the strategies of those who are the best that you can buy and offer with all what is required by when comes question of cash. So instead of going for too many alternatives that you can buy one should have confidence in the most reliable individuals that you can buy and should test their skills through the solutions or tests provided by them.
Devang visaria Trading and investment consultant Equity tips and Commodity tips is a Stock Advisory Company, having a strong carry in offering most genuine and precise Equity Tips as well as Commodity Tips.
We are a team of highly capable experts, who produce their experience in offering currency markets needs investors which include Stock Tips, Commodity Tips, MCX Tips, Equity Tips and Intraday Tips.

Friday, October 7, 2011

TRADING RECOMMENDATIONS OF TVS Motor Company

Technical Outlook & Trading Strategy:-

The key observation to be made is that the price of TVS MOTOR has formed a head and shoulder pattern on the Daily charts.

A breakdown from the said pattern would be confirmed when the price breaks below the neckline level of Rs 57.8 levels.

The momentum indicator is also in sell mode. The prices of TVS MOTOR will face severe selling pressure once it starts trading below the neckline level of Rs 57.8 levels.

We recommend traders to sell in the range of Rs 57.5 – Rs 58 levels with a stop loss placed above Rs 60.6 levels for targets of Rs 54.5 – Rs 52 levels, expected to be achieved in coming few Sessions.

Wednesday, October 5, 2011

TRADING RECOMMENDATIONS OF Lupin

Technical Outlook & Trading Strategy:-

The share price of Lupin has registered a close below its cluster of moving averages. The momentum indicator on the daily chart is also in a bearish zone suggesting more downside in the stock.

We believe that the share price could decline towards the levels of Rs 448 /Rs 440 levels.

We recommend traders to sell in the range of Rs 462— Rs 466 levels with a stop loss placed above Rs 474.6 levels.

Tuesday, October 4, 2011

TRADING RECOMMENDATIONS Kotak Mahindra Bank

Technical Outlook & Trading Strategy:-

The share price of Kotak Mahindra Bank has registered a head and shoulders breakdown.

This is a bearish formation and the measuring implication of the pattern suggests that the price can decline towards the levels of Rs 420 / Rs 410 levels.

The momentum indicators have also turned into sell mode which displays weakness in the counter.

Traders can look to sell at current levels with a stop loss placed above Rs 460.60levels.

Monday, October 3, 2011

TRADING RECOMMENDATIONS HCL Technologies Ltd.

Technical Outlook & Trading Strategy:-

The share price movement of HCL Tech from 17 Aug 2011 till date appears to be forming a symmetrical triangle pattern.

It should be noted that symmetrical triangle patterns signify accumulation and suggest price advances once the breakout is recorded (at Rs 414 for the said pattern).

A break above the price level of Rs 414 should start an upside movement with possible price targets of Rs 440/ Rs 455 in a short period of time.

The momentum indicators on the daily chart are also in a bullish zone suggesting more upside in the stock.

We recommend traders to buy 50% now and again in the range of Rs 402 – Rs 406 levels with a stop loss placed below Rs 394.4 levels for targets of Rs 430 – Rs 440 levels.

TRADING RECOMMENDATIONS GAIL

Technical Outlook & Trading Strategy:-

The price of GAIL Ltd has been consolidating within broad ranges of Rs 403 to Rs 476.5 levels.

But, the key observation to be made is that the price of GAIL Ltd has formed a head and shoulder pattern on the Daily charts.

A breakdown from the said pattern would be confirmed when the price breaks below the neckline level of Rs 409 levels.

The momentum indicator is also in sell mode. The prices of GAIL Ltd will face severe selling pressure once it starts trading below the neckline level of Rs 409 levels.

We recommend traders to sell below Rs 409 with a stop loss placed above Rs 422.1 levels for targets of Rs 392 / Rs 380 levels, expected to be achieved in coming few Sessions.

Friday, September 30, 2011

TRADING RECOMMENDATIONS Tata Power Company

Technical Outlook & Trading Strategy:-

The Tata Power has seen a sharp fall from the highs of Rs 133 on 5th July 2011 to the lows of Rs 93.05 Levels.

On the daily chart the stock has managed to close above its cluster of moving averages. The momentum indicator on the daily chart is also in a bullish zone suggesting more upside in the stock.

We recommend traders to buy 50% now and again on dips up to Rs 99.5—Rs 100 levels with a stop loss placed below Rs 97.8 levels for targets of Rs 107 / Rs 110 levels.

Thursday, September 29, 2011

TRADING RECOMMENDATIONS Kotak Mahindra Bank

Technical Outlook & Trading Strategy:-

The share price movement of Kotak Mahindra Bank appears to be taking form of a Head & Shoulder pattern.

A Head & Shoulder is a bearish pattern as it is associated with sharp price decline once the share price records a breakdown from its neckline.

In the case of Kotak Mahindra Bank the neckline is placed at the levels of Rs 454. The measuring implications of the pattern suggest that following a breakdown the share price could head towards the following price levels: Rs 438 /Rs 430.

We recommend traders to sell below above Rs 454 with a stop placed above Rs 465.70 for the above mentioned target.

Wednesday, September 28, 2011

TRADING RECOMMENDATIONS TTK Prestige

Technical Outlook & Trading Strategy:-

The share price of TTK Prestige has found good support at the rising trend line support placed at Rs 2560.

The stock has taken support on couple of occasions in the past & has been moved decisively on upside, which is bullish sign.

Hence we expect the bounce back to continue to following levels: Rs 2745/ Rs 2830.

We recommend buy at current level and again on pullback to the levels of Rs 2600- Rs 2590 with a stoploss placed below the Rs 2544.40 levels.

TRADING RECOMMENDATIONS Wipro

Technical Outlook & Trading Strategy:-

The share price of Wipro has registered a break-out above its cluster of moving averages.

The momentum indicators remain in the rising trajectory and indicate strength in the current up-move.

We expect the stock price to test levels of Rs 362/ Rs 374 shortly. We recommend a buy at current level and again on pullback to the levels of Rs 341-Rs 344 with a stop loss placed below the level of Rs 334.80.

Tuesday, September 27, 2011

TRADING RECOMMENDATIONS Jindal Steel & Power.

Technical Outlook & Trading Strategy:-

The price of Jindal Steel has made a double top formation and fell sharply from a high of Rs 569.2 levels during last few sessions.

The double top formation is also backed by a heavy volume in the stock. The momentum indicator is also in bearish zone.

Thus, all of the above technical evidence is suggesting more downside. We recommend traders to sell 50% below 508 and again in the range of Rs 512-- – Rs 515 levels with a stop loss placed above Rs 523.6 levels for targets of Rs 490 – Rs 475 levels, expected to be achieved in coming few Sessions.

TRADING RECOMMENDATIONS State Bank of India

Technical Outlook & Trading Strategy:-

The Share price of State Bank of India appears to be forming an Inverted head and shoulder pattern.

A breakout from the said pattern would be confirmed once the share price breaks above the neckline resistance level of Rs 2020.

Traders can look to buy at current price and again on pullback to the levels of Rs 1930- Rs 1920 for the above mentioned first target and place a stop at Rs 1887.80.

Once the stock price trades below Rs 2020, traders can add to long positions with a revised stop placed at Rs 1950.

We believe that if the Inverted Head & Shoulders formation does record a breakout, the stock price could head towards the levels of Rs 2080/ Rs 2130.

Monday, September 26, 2011

TRADING RECOMMENDATIONS ACC Ltd.

Technical Outlook & Trading Strategy:-

The share price of ACC Ltd has already been moving up for the last few days and is very likely that the stock price will test its immediate resistance of Rs 1135 - Rs 1142.5 in the next few days.

The momentum indicators remain in the rising trajectory and indicate strength in the current up-move. The stock is also sustaining above its Cluster moving averages.

We recommend traders to buy only in the case of any pullback in the market , buy 50% now and again on dips up to 1060--1055 levels with a stop loss placed below Rs 1037.8 levels for targets of Rs 1110 – Rs 1140 levels.

TRADING RECOMMENDATIONS Housing Development Finance Corporation Ltd

Technical Outlook & Trading Strategy:-

The Share price of HDFC Ltd has been consolidating within broad ranges of Rs 612.4 to Rs 732 levels.

But, the key observation to be made is that the price of HDFC Ltd has formed a head and shoulder pattern on the Daily charts.

A breakdown from the said pattern would be confirmed when the price breaks below the neckline level of Rs 623.5 levels.

The momentum indicator is also in sell mode. The prices of HDFC Ltd will face severe selling pressure once it starts trading below the neckline level of Rs 623.5 levels.

We recommend traders to sell 50% below Rs 623.5 and again in the range of Rs 632 – Rs 636levels with a stop loss placed above Rs 645.6 levels for targets of Rs 600 – Rs 582 levels, expected to be achieved in coming few Sessions.