OFSS: One should be greedy for long.

OFSS: Oracle Financial Services Software Ltd is also looking attractive now. Price pattern and RSI have made a positive divergence, and consecutively two green candle has made it more interesting. Besides it is now trading at it's weekly demand zone, though price has enter a few week ego into the zone, and finally, on weekly chart RSI is showing a little bit symptom that, bears are no more willing too sell short OFSS!!! As per weekly chart stop loss is little bigger 2455 and as per daily chart 2475. CMP 2524.

HCLTECH:Bull can keep an eye

 Hi friends, this week and may be for next week are going to be the week for IT sector, again come out with another IT stock HCLTECH, it has a good demand zone on 711.55-729, CMP 732.15, I think 721.5-732 is a good zone for take a long entry for 5 to 10 days, with a stop loss of just below 711, for target 757, 770, 790.

TCS: Good opportnity for short term trading

Hi friends, after a long time got some time to update my blog. TCS is in daily demand zone of 1401-1430, CMP 1430.55. On hourly chart it is seemed bearish traders are becoming nervous in some indicators. 1415-1437 is a good zone for taking a long entry (for 5-10 trading days) with a stop loss just below 1401, where upside potential is 1520, 1550.