Market Decoder
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STOCK MARKET| #NCFM _CERTIFIED_TECHNICAL ANALYST


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Long Positional Call : DLF CMP : 328 , SL 300 in weekly Closing , Target -390 ,445, 500 and 600

Swing Target : 345 , 360 & 390
Low Risk High Reward Set up
DLF
Photo from Naga Rajan
As explained in d video , market reached the Major support zone, Next support lying 0.5 of fib.
Sun Tv at major support zone, with 400 SL in Daily we can go.
Photo from Naga Rajan
*Bajaj Auto To Announce BB On 14th June*


*Biggest and large Size of BB by Bajaj Auto*

*Bajaj Auto is FO stock, so grey mkt activity will be there*


Bajaj Auto cash on books at Rs 19090 cr as on 31st March 2022 Current market cap Rs 1.1 lakh crores

So cash on books at 17% of Market cap or ~Rs 660 per share

Seems they can do a large buy-back!



Be Ready For "Hamara Bajaj"..... 😊
Photo from Naga Rajan
TCS Weekly support is 3130 and 3000 levels
Tata Steel
0.5% will be a good level to accumulate
if 15700 broken then 15550 ,with 15485 SL
If that's taken out we ll comfortably see 15000 levels
15660 , 15425, 15250 are Weekly supports