Captain Advisory
Forex & Commodity Market Updates
Tuesday, May 23, 2017
IDFC Bank : Bear Flag pattern Breakdown Below 59
IDFC BANK
Bear Flag Pattern Breakdown @ 59
Strategy : Sell Below 59 | Target 48.5 - 44 | Advisable Stop @ 59
Saturday, May 20, 2017
BPCL : Breakdown of Head & Shoulder Pattern
BPCL Gave Closing below Neckline @ 710 of Head & Shoulder pattern Formation
Strategy | Sell around 702 - 705 || Stop @ 735 || Target 670 - 640
L&T FH Breaking Support trend line
L&F FH
Sell @ 127 Stop @ 135 | Target 112 - 105
Amar Raj Battery Trading Near Support @ 884
Amar Raj Batten taking Support @ 884
Strategy 1 : Buy CMP 895 Stop @ 884 Closing basis
Target 912 - 924
Strategy 2 : Sell Below 884 | Stop @ 905
Target 871 - 855 - 840
Thursday, May 18, 2017
Granualls Forming | BAT PATTERN FORMATION | Strategy Sell in FNO
Strategy
Sell Granules FNO @ CMP 156.5 | Stop loss @ 165 Closing basis | Expected Target 136 - 116 - 96
Lot size of 5000 per lot
Wednesday, March 22, 2017
Torrent Pharma Trading in channel | Reverting from higher resistance trend line
Strategy | Sell Around 1440 | Stop @ 1495 | Target 1365 - 1290 - 1210
Monday, March 20, 2017
Maruti Forming Double top formation | Strategy Sell advise till the time below 6255
Strategy 1 - Sell @ CMP 6155 | Stop @ 6255 | Targets : 6000 - 5850
Strategy 2 - Sell Below 5800 | Stop @ 6125 | Target 5570 - 5340 - 5100
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