BAJAJ-AUTO: Wait and grab it, good opportunity for long.

Hi friends, last week i did not do well, three out of four stopped out and took our 1% each only OFSS has given the return of 6.5%, though accuracy was worst but account hasn't run into negative. Only relief for me. 

By the way, this week I have come out with BAJAJ-AUTO, it has a demand zone @ 1747-1795 as per daily chart, CMP 1807.5, but stop loss is too big, as per hourly chart there is an attractive demand zone of 1747-1770, therefore a stop loss of 1745 is an affordable risk, only Rs 25.00. Yes I mean to wait for take a long entry @ 1770 with a strict stop loss of 1745, for 5-7 days and for the target of 1884, 1936, 1968. Have a happy trading.

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.