Dinesh

Ambuja cements limited creating sign of termination of bullish trend and creating new bearish trend at 08-12-2014 shows exhaustion GAP.

Nifty forming bullish scenario runaway gap  on 03-03-2016 , creating bullish strength in the trend.

 TRADE PLAN:

SYMBOL – NIFTY

DIRECTION – LONG

ENTRY ABOVE 7426.6

SL- 7308.6

RISK – 118

TARGET – 7544.6

REWARD : RISK RATIO – 1

 TRADE PLAN:

SYMBOL – DR.REDDY’S LABORATARIES LTD.,

DIRECTION – SHORT

ENTRY BELOW 4160.7

SL – 4386.6

RISK – 225.9

TARGET – 3934.8

REWARD: RISK RATIO – 1

TRADE PLAN:

SYMBOL – AXIS BANK LTD

DIRECTION – SHORT

ENTRY BELOW 468

SL – 474.1

RISK – 6.1

TARGET – 455.8

REWARD : RISK RATIO – 2

<p style=”text-align: left;”> HAMMER </p>
TRADE PLAN:

SYMBOL – ACC LTD

DIRECTION – LONG

ENTRY ABOVE 1374.5

SL – 1349.8

RISK – 24.7

TARGET – 1423.9

REWARD : RISK RATIO – 2

HAMMER
TRADE PLAN:

SYMBOL – ACC LTD

DIRECTION – LONG

ENTRY ABOVE 1374.5

SL – 1349.8

RISK – 24.7

TARGET – 1423.9

REWARD : RISK RATIO – 2

 DOJI : MORNING STAR

TRADE PLAN:

SYMBOL – AXIS BANK LTD

DIRECTION – LONG

ENTRY ABOVE 210.8

SL – 202

RISK – 8.8

TARGET – 228.4

REWARD : RISK   RATIO – 2