RESULT STOCKS ANALYSIS DATED 10th August 10, 2018

RESULT STOCKS ANALYSIS  DATED  10th August 10, 2018 Voltas  : Trend is bullish but already move before the result, sol any good result profit booking and be careful at higher level to trapped.  Over all trading range 585 to  630.   Higher level good opportunity to short side.  Below 590  first sign of weakness. SBI  : Excellent result will be delivery with consider support  300-305 any decline to buy side with stop loss 290  as well as also long stop loss, upper side towards 325-331 -332 thereafter more up side towards 350.  Higher level strong profit booking on card.  Major support and long stop loss 290. Union Bank : Move before the result, now consider resistance 94-95 whereas a good opportunity to sell side .  Down side strong support 85, below some weakness. Hindalco : Excellent result expected with consider support 220-223 as long as hold bull move continue towards 240 245 250.   Buy on decline if bad results  and accumulate. GAIL  : Trading above 52 weeks high and moved before the result.  Consider maor support 370 and higher level major resistance 395-400  up move only above that level, otherwise reversal to sell side. DLF  : Strong move from the level of 185 and finally made a high 205.   Overall good with consider resistance 214-215 whereas a strong profit booking and do not trapped at higher level. 3MTEAM – Research www.3mteam.in