Expect Bank of Baroda and M&M Share Prices to fall while TCS Share Prices to Rise

In the last few trading sessions of 2016,Nifty stages smart recovery from 7900 odd levels to around 8200.Now the index is near resistance level of 8230.We have to shorting opportunities while a long for the short term.

Bank of Baroda and other public sector banks faced severe selling pressure in the past few days.The Bank of Baroda share prices broken down a Triangle Pattern recently,indicating lower prices for the stock in coming days.A short term trader may sell the stock around current prices of ₹ 153-155 keeping a stop loss above 156 for targets of 140 in coming days.

Bank of Baroda Daily Chart

M&M share prices also shown similar behaviour in the recent trading sessions.The stock may head lower towards ₹ 1100.Traders may sell the stock around ₹ 1170-1180 keeping stop loss around ₹ 1190.

M&M Daily Chart

TCS and other technology stocks saw good up sides recently and they are still doing well.TCS has broken above a rising Triangle Pattern in last trading sessions.Now it may head towards ₹ 2570 in coming days if it stays above ₹ 2370.Keep stop loss near ₹ 2300.

TCS Daily Chart
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Sukhdev Sarswat
Sukhdev Sarswat

Sir me eqity option me karna chahta hu

Sukhdev Sarswat
Sukhdev Sarswat

Sir mene apna pesa intrday me kho diya h sir usko recover karna h uska upay batao dir

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