Positional Calls--/Future and Option Calls/14th November 2017

 HAPPY CHILDREN DAY TO ALL 

VOLTAS  LIMITED

  

  

Voltas is looking superb in charts and trading near its 52-week high territory and seems to be sustaining the bull run .If  immediate support of 575--570 is not negatively breached and consecutive closes above 580 levels then we may see voltas making new highs.RSI of  68.92 also suggest that stock may enter into overbought zone as buyers may start entering stock as market trend improves along with increasing volumes in stock.MACD with a divergence of +3.06 also indicate that we may see sharp upside move if trend remains intact along with support with the market.

Buy Voltas(Future) Around 580 Target 600--625+ Stop Loss 565 Lot Size 1000

OR

Buy Voltas 590 CE 30 NOV 2017 (Option) Around 12--10 Target 25--30+ Stop Loss 5

OR

Buy Buy Voltas 600 CE 30 NOV 2017 (Option) Around 8 Target 20+  Stop Loss 2

WOCKHARDT  LTD

Wockhardt is looking superb in charts for a long term position.It seems to be forming a rounding bottom pattern or may form a cup and handle pattern on yearly charts indicating a positive momentum ahead.If immediate Resistance of 750 is positively breached and sustained and consecutive closes above 750 will make a case for a bull run and stock may test its upper resistance levels of 780--830.RSI of 67.95 also suggest that stock may soon enter overbought territory and with improving market and rising volumes in stock we may see upside levels.MACD with a positive divergence of 6.29 also suggest that a positive trend is ahead in the stock and we may see stock entering new 52--week high zones of 800 plus.

Buy Wockhardt (Future) Around 730 Target 780--800+ Stop Loss 705 Lot Size 800

OR

Buy Wockhardt  740 CE 30 NOV 2017 (Option) Around 22 Target 40+ Stop Loss 10

OR

Buy Wockhardt 760 CE 30 NOV 2017 (Option) Around 16 Target 30--40+ Stop Loss 4

BUY ON DIP SHOULD BE STRATEGY WHILE MAKING POSITION

"PATIENCE IS KEY TO SUCCESS"



MORE WILL UPDATE SOON!!