Positional calls from RP
Updated: Oct 12, 2021
IDBI attempting breakout and volume increasing. Dip towards 42 add opportunity with SL 36 for the immediate target of 56-66
Idea flat correction in wave 4 is expected towards 0.382 Fibonacci levels 9.75. Wave 5 than expected towards 14.55 which 0.618 Fibonacci extension ans is also expected to be slow up.
Swing traders with risk appetite can long near 9.75 with 8₹ SL.
Stock is highly volatile, trades in upper-lower circuits many times and is risky don't allocate too much capital.
Zee Entertainment Only for RISKY.
Stock near 0.382 levels 318 add in zones of 318-300 with BIG RISKY SL 242.
Target will be 1.618 fibonacci extension 400
ITC looking for flag breakout long near 240 SL 230 target 280(245-205=40 points pole height)
SunTv Again at parallel lines support long near 535-25 SL 493 tgt 600-650
Dodla Dairy Marubozu candle on a daily chart may attempt to break the channel.
SRT FINANCE took our SL Once near 1235 but looking pattern and fall has been completed.
Long near 1370-1400 with SL 1310 for 1600-1800 targets
Risky long near 630 with SL 580 for 740-60 Note: SL 580 is based on fall below 50% of Marubozu candle.
Bank of India wedge pattern breakout expected.
Long near 58 with SL 52 for low-Risk High Reward long for 120-145 which is 0.5 and 0.618 Fibonacci retracement levels.
Don't allocate too much capital to this stock very risky fundamentals.