Axis is in a strong downtrend. Trading and closing above 1030 can take it to next biggest volume level which is 1090 and then 1216. In a downtrend the high volume nodes should act as resistance.
DLF again is in a strong downtrend. 183 is a high volume node for it. Once it trades above it, there can be huge spurt in the scrip. DLF Sept series 210 CE: 1.80 and 200 CE: 3.15.
RCOM again is a scrip in a strong downtrend. 76 is a high volume node for it, after that it may go till 81.
Idea has been in a consolidating range since last 10 odd days. 94.30 is a high volume node and calls can be bought near that node.
Bata India is in an uptrend, Right now its at a support, 730 is a supply zone for it. Once it clears it calls can be bought for the scrip.
SBIN - Look action at 1981 and 2050 and puts can be bought at those levels provided indicators give yes.
Tata Motors - Once it clears 710 can head towards the next high volume node 800. Hence a close above 710 calls can be bought for 800 levels.
Disclaimer: This blog is for my own record keeping purpose. Its not to provide any financial or finance kind advise. Please do your own research before taking a trade.
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