Market Watch for 30/08/2019

Coal India : 189

Buy above 190.90, SL below 187.75, Tgt 193.30, 194.10, 195.50

On rejection and close below 187.75, buy entry is invalidated

HDFC : 2128.45

Sell below 2120.40, SL above 2139, Tgt 2105, 2090, 2060

Rejection of 2105 is to be watched carefully.

Bandhan Bank : 465.40

Sell below 459.80 for tgt of 455, 452.25

On rejection of 459.85 this setup invalidates.

Watchlist :

ITC looking for sell below 240.20 for tgt of 236.50, 235.60 and 234.65 initially but T1 to be watched for any bounce. On open, if price continues to rise then no sell unless next setup.

SBIN looking for sell below 273.30 for tgt of 270, 268 and if price doesn't bounce from said range then 263.

Shree Cement looking for sell below 18400 for short target of 18272.30 and if price continues to fall then 18108.50

Ambuja Cement

JSW Steel

Bank of Baroda

NTPC

PS : Careful while trading. If playing with smaller equity, adjust the lot as per your risk appetite.