DRREDDY: Short term risky shorting opportunity.

DRREDDY: On hourly chart it has formed a negative divergence, there is a shorting opportunity for short term, but it is going to be an impulsive trading, very very risky, but an intraday or a STBT trader can act. Short on little rise around 1993-1998, with a stop loss of 2014for the target of 1953, 1936, 1917. Please avoid this trading if you are unable to track your trade until exit, like a whole timer.

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.