NEW YEAR MONTH STARTED WITH THE SLOWING DOWN THE TREND????? DO YOU REMEMBER MARKET IN LAST FEW YEARS???? IF NOT THEN LET ME REMIND YOU. YEAR 2008 – MARKET MADE NEW HIGH IN JAN – AND JANUARY STATED WITH FALL – GIVEN FALL OF 4000 POINTS – AFTER THAT DONE RECOVERY IN YEAR 2009-2010 YEAR […]
Category: SHORT TERM CALLS
EROS MEDIA – WILL IT ENTERTAIN ITS TRADERS NOW ????? SEE THE TECHNICAL CHART
Have a look at the chart development of eros. stock has already change its trend from the bottom and now its creating a higher low’s, so there are possibilities for higher high now. as per chart we can see there is a “SYMMETRIC TRIANGLE” development on chart, where price able to move beyond the resistnace […]
AHEMADNAGAR FORGE – STOCK IS READY FOR SOME SMALL MOMENTUM NOW
DEN NETWORKS – TECHNICAL CHART STUDY AND PATTERNS DETAIL
Look at the chart development of DEN NETWORK, last month price able to move above its resistance level. Also price is traveling above the “FALLING WEDGE” chart pattern now. there is some good chart development on bottom levels, which i would like to explain, at the bottom stock has given “POSITIVE DIVERGENCE ” signal, and […]
BIOCON – TECHNICAL CHART STUDY
As we can see on chart that stock has already given a big breakout and move in recent past, and now trading on 52 week high level. now at present we can consider this one for some short term moves in stock. recently price able to touch the recent high again, and it taking support […]
SOBHA DEVELOPERS – CAN GIVE SOME JUMP AND THEN WILL LOOK FOR BREAKOUT ?????
Stock has done good consolidation in last 4 month. as per the chart we can see that recently price able to cross the resistance level, but then again it has given some correction of really. there is also a development of “EXPANDING TRIANGLE” on chart, in which price has taken support on supporting tredline. RSI, […]
ASHOK LEYLAND – WE CAN CONSIDER FOR SHORT TERM MOVEMENT
recently stock able to move above its 6th months high level. price able to touch its long term resistance level, in last trading session at 19 level. there is, also a development of “ASCENDING TRIANGLE” on chart, where price crossing the high level now. Recently price able to break the recent high but rsi still […]
RANBAXY – LOOKING STRONG ON LONGTERM BASIS
Look at the chart development of ranbaxy, we can see that stock has able to gain strength in past 5 months. recently we can see that price able to move above long term resistance level. there is a development of “ASCENDING TRIANGLE” on chart and recently price above to give good close above this pattern. […]
BANK NIFTY WEEKLY STUDY – AGAIN TESTED BIG SUPPORT LEVEL – SOON TO GET SOME BIG ACTION IN A MARKET
NEW YEAR START’S WITH THE WEEKLY FALL IN NIFTY – CAN WE STILL KEEP FAITH ON TREND NOW ????
After completing the Christmas and New Year holidays, market showed a good volume, and started New Year with weekly fall of almost 140-150 point from the weekly top level. Is it a repetition of 2008 or we can still hope for fresh breakout in year 2014???? Well market is very close to give some big […]
AFTER A HOLIDAY PACKAGE NIFTY STARTED WITH A SUDDEN FALL – WHAT WE CAN SEE ON CHART NOW?????
GTL – one of the biggest falling stock in year 2011 – will it change the trend now?????
BALAJI TELE – STOCK IS HINTING SOME TREND REVERSAL, IS IT?????
BBTC – CROSSING THE RESISTACNE CAN GIVE SOME JUMP IN PRICE.
If we see the chart of BBTC we can see that stock is having a good support at 108 level and number of time price shown a jump from this level. RSI is in falling range now, but still taking support on falling trend line, and also facing resistance on upper side trend line. so […]