STOCKMARKET360

AS WE SAY STOCK MARKET IS A REPRESENTATION OF COLLECTIVE PSYCHOLOGY OF TRADERS MIND, BUT MANY TIME WE THINK THAT WHY MARKET IS NOT BEHAVING AS PER OUR MIND??? THE SIMPLE ANSWER IS AS I SAID COLLECTIVE PSYCHOLOGY OF TRADERS, BUT IT ALSO DEPEND ON THE CAPACITY OR THE POWER OF PARTICULAR TRADER, LIKE FOR […]

buy CCLPROD in a range of 50-55 sl 35 on closing basis, target 85-110-150 holding period 3-6 months technical study as per the chart we can see that recently stock has given a breakout by closing above 50 level, and right now stock is trading on its life time high level. so its a indication […]

BANK NIFTY WEEKLY STUDY Last week we inform that in bank nifty 12800 is very much important on closing basis, it made high of 12870 but not able to sustain above 12800 and given a close at 12742 and this produce some reversal in trend as a failure of proper breakout. Now as per current […]

NIFTY WEEKLY CHART STUDY In our last week study we mention that market is not showing a weakness signal yet and after a breakout of 6450 we mention target of 6800 in our previous articles and this time it able to made till 6780 range. As per the recent pattern development and technical chart we […]

buy ABBOTT above 1800 {on closing basis} sl 1600 target 2200-2700-3500 delivery holding for 3-9 months range. technical chart study as per the chart we can see that stock is moving towards higher levels now, even taken a good support on trendline and continuing its upward move. as per rsi we can see that it […]

buy OIL INDIA above 495 some resistance at 500 above 500 add more sl 484 target 515-545 technical chart study as we can see that stock has face resistance in a range of 495-500 for almost 5-6 times in last 9 months, and now its again near to resistance level. we can see a good […]

as per the bank nifty chart we can see that at important resistance level, it has given a negative candle on chart, we can spot it as a “DRAK CLOUD COVER” or “HAMMER” candlestick pattern. but today it has also taken support near to supporting trendline on chart. at present level rsi is in overbought […]

as per the chart, we can see that today nifty has given a red candle on chart, which seems to be a “HAMMER” or even “DOJI”  candlestick pattern on chart at important resistance level. at present rsi is also in overbought zone now, and price action taken some pause, at higher level. so overall view […]

buy SELAN 500-510 range sl 420 target 625-725-850 holding time 1-3 month technical chart study as per the chart we can see that stock is moving into uptrend now, done some consolidation for past 3 months and stock able to move high to 52 weeks high now. rsi just touch the overbought zone now, which […]

buy HINDALCO above 126-127 range sl 120 target 134-142 technical chart study with chart we can see that hindalco is having a good resistance in a range of 126-127 so if price able to sustain above 126 for 15-30 min one can take position and add more above 127 if price not sustain then dont […]

buy INGVYSYABANK above 610 sl 550 on closing basis target 685-750-825 holding period 2-3 months technical chart study as per technical chart we can see that stock is able to touch its 3 months high now. there is a development of “SYMMETRIC TRIANGLE” on chart now, having a width of this triangle of rs. 225, […]

buy ARVINDLTD above 168 sl 160 target 178-185-197 technical chart study as we can see that stock is in uptrend from past 6 months. recently it has taken support on trendline with “POSITIVE DIVERGENCE” and able to move till new 52 week high. today it has given a “BULLISH NEGATIVE DIVERGENCE” breakout at 160 level […]

buy THOMASCOOK above 90 closing basis sl 68 target 135-170-240 one can even buy in a range of 80-88 also with same sl….safe traders can wait for close above 90 technical chart study as per the stock price we can see that its pretty much strong on chart now. recently it has taken support on […]

buy PRAJIND 52-53 sl 40 target 65-85-97 technical chart study as we can see that stock was in falling trend from year 2007, and recently after making new 25 week low, it has given a “POSITIVE CONVERGENCE” at bottom level with the signal level of 40. we can even see that it has made “INVERTED […]

buy ALSTOM T&D above 231 or one can buy small in a range of 222-230 also , sl 195 on closing basis target 285-325-365 holding period 3-6 months technical study right now we can see that stock is moving in rising wedge pattern, but able to move above upper resistance level in last session. with […]

buy ASHAHI INDIA above 62 sl 39 target 85-120-140 technical study we can see that recently price able to move above resistance level. at bottom it has given a “POSITIVE DIVERGENCE” signal which was confirm at level of 45 {just for info}. at current top it developed “BULLISH NEGATIVE DIVERGENCE”  signal, so once able to […]

buy SEAMECLTD above 94 sl 70 target 110-125-155 holding timing 3-6 months technical study as per the chart we can see that price is able to move above resistance level. at bottom we can see that it has given a “POSITIVE CONVERGENCE” signal which was confirm the reversal at 50 level. presently rsi taking support […]

MARKET STILL IN A CONSOLIDATION RANGE – TILL THE TIME WE NOT SEE GOOD CLOSE ABOVE MENTION LEVELS PLEASE DON’T TRY TO HOLD THE POSITIONAL, ONCE WE CONFIRM THE CLOSE EITHER UPSIDE OR DOWN SIDE THEN ONLY WE CAN GO FOR POSITIONAL HOLDING IN INDEX. Last week we mention nifty range of 6400-6565 and trading […]