Short term trades

buy zeel above 400 sl 395 Zee entertainment is at its regular resistance of 400 and at the same time close to its 52 week high. Technically the stock is poised for a breakout with MACD giving a positive divergence of 0.97

buy wipro above 600 sl 595 WIPRO is near 600. This is a resistance level as well a major psychological level. On 29th september the 50 day EMA has crossed over the 100 day EMA ending the death cross pattern and the stock is expected to witness further upmove.

upl buy at 450 sl 435 A historical resistance and now a support level - 450 level for UPL is expected to hold and the stock is expected to move up to levels of 500. a risk reward ratio of 3:10 is available at this counter. RSI is in oversold position at 25.41.

ubl buy above 905 sl 890 50 day EMA at 900, major resistance at 900, but stock is at lower end of bolinger band and stock is at a perfect breakout position. Expect the stock to brakout above 900 and move higher in coming days.

buy pidilite tgt 600 SL 545 The stock has witnessed a strong upmove and above its 100 days EMA and 50 day EMA. Further upmove left in the stock and we expect the stock to move to levels of 600.

buy motherson sumi at cmp sl 200 A major fundamental buy. "BUY WHEN THERE IS FEAR". Technically also the stock has major support at levels of 220.

buy marico at 400 sl 390 Marico has major historical supports at 400 and the 100 day EMA and 50 day EMA are very close at 409 and 410 respectively. The stock will witness breakout this week.

buy IOC TGT 420 SL 392 The stock has taken support and closed above its 50 day EMA and MACD indicates that the stock is expexted to resume its uptrend and move higher