mkshekar said:
Hi amitbe. i have been stopped out in divis with a loss. but i have entered cesc, ndtv ,polaris and bilt and also alok textiles. if you could give your views.
i would appreciate. thankyou amitbe..
Hi mkshekar, would always be good know where you entered. Gives a better perspective.
CESC going great, and 324 is an important level to break above. Then 330-336-340 can be expected. Not knowing your entry, I'd keep s/l at 290 or lower at 270.
NDTV appears to be in a period of indecision, and the last three bars have attempted higher levels without success, but not slipped either. Could be sideways for a bit and 230-240 area needs to be worked out. 211 is a good support area, and then 195.
Polaris has support at 107-114 area, and above 125 area could possibly bring it above 20-50-200 DMA where it may be better placed. Lots of congestion overhead. It's just hanging it in there for now.
Bilt, very nice move and a hold. Supports are good at 120 and 113. Volume hasn't been too strong though.
Alok has tested many nerves, and needs to break above 77 yet again on big volume to test previous highs. 71-69-67-64 are good supports.
All the best.