Charts for the Day





Tata communication is got a breakout from a with volume. It successfully got closed above 50 SMA. And it is having momentum on its side to move higher. Stoploss for the trade coming at 348 a closer one. And the targets are recent highs of 412 first, and more.

First sign of weakness on daily will be close below 360 levels. But we will maintain our stoploss for the trade.
 






DLF got beaten up badly this week. Point for suggesting this stock is purely price action support coming up at 170 zone.

Many will contemplate to avoid this stock, but i will suggest it to purely a aggressive one categorically here. So trade accordingly.

Now focus on weekly and monthly charts, this daily chart will look like a fall on corrective leg.

Still i dont wanna mess up with falling stock, so with evidence of price action support, rising 200 SMA, and SL at 169 on EOD, stock in all looking good one.

SO all eyes this week on managing and opening position closer to SL.