few #stocks to look at to accumulate
1). #AMBUJACEM:- Stock has corrected 25% W-o-W; 14 day RSI at 13 (touched low of 10.78); lowest level (below corona level) – crucial lows of 347-350, buy dips till 330 holds, above 400 can lead to first round of short covering till 440-445.
1). #AMBUJACEM:- Stock has corrected 25% W-o-W; 14 day RSI at 13 (touched low of 10.78); lowest level (below corona level) – crucial lows of 347-350, buy dips till 330 holds, above 400 can lead to first round of short covering till 440-445.
2).#ACC:- Stock has corrected 20% W-o-W; 14 day RSI at 15.15 (intraday touched low of 11.10) lowest level- rebounded from crucial QTLY Lows 1744-1750; accumulate on Dips till these levels hold above 1900 can lead to short covering till 2200-2230.
3). #ADANIPORT:- stock has corrected 23% W-o-W; 14 day RSI at 10.10 (intraday touched low of 7.8) lowest level (below even corona level)- test crucial lows of 540-545; if crosses 625 can lead short covering till 705;.
4). #AXISBANK :- Stock has corrected 7% W-o-W; 14 day RSI dipped below 30, at 29.8 (intraday touched low 25.65; PUT writers standing at 850 and 870; buy on dips till holds 835; above 890 can lead to short covering till 935-940.
5).#BAJAJFIN:- stock has corrected 3% W-o-W; 14 day RSI dipped at 25 (intraday touched low of 23) now at Crucial levels at 5600- Accumulate on Dips till holds 5530 immediate short term target 6050-6130.
6). #ICICIBANK:- stock has corrected 12% W-o-W; 14 day RSI dipped at 23 (intraday touched low of 22.12) now at Crucial levels at 820- Accumulate on Dips till holds 795 immediate short term target 885-889.
7). #RELIANCE :- Stock has corrected 4% w-o-w. 14 DAY RSI dipped at 25 (intraday touched low 23); now at crucial levels of support 2280-2300; Buy on Dips till holds 2250-2260, immediate short term target 2420-2440.
8). #SBIN:- Stock has corrected 9% w-o-w. 14 DAY RSI dipped at 25 (intraday touched low 22.5); now at crucial levels of support 520-530; Buy on Dips till holds 515, immediate short term target 2420-2440.
#INDEX to watch
#BANKNIFTY:- Index has corrected 6% W-O_W; RSI dipped at 29.8, with lowest range at 25-27; crucial support zones 39800-40100- PUT writers active at 39500-4000; Immediate short term rebound till 41000-41200-41500 cannot be ruled out till holds above 39800.
#BANKNIFTY:- Index has corrected 6% W-O_W; RSI dipped at 29.8, with lowest range at 25-27; crucial support zones 39800-40100- PUT writers active at 39500-4000; Immediate short term rebound till 41000-41200-41500 cannot be ruled out till holds above 39800.
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