In last week study we mention that bank nifty is buy on every fall and above 12850 level we mention level of 13000-13350 and it able to move till 13270 almost. Now as per current chart development bank nifty has given a “BEARISH HARAMI” candle in last session with the fresh high for the current […]
Tag: Nifty
NIFTY WEEKLY CHART STUDY – WITH THE START OF UPCOMING HISTORICAL SERIES MAY 2014
“An investment in knowledge pays the best interest.” – Benjamin Franklin As you all know from long time, we are posting all about technical research, chart patterns and candlestick patterns, out main purpose is not to provide you weekly levels or calls, but providing you the market technical knowledge, so that you can personally come […]
WHIRLPOOL – TECHNICAL CHART STUDY
buy WHIRLPOOL above 236 hold if sustain for 30-60 min more add above 240 sl 225 target 248-255-270 technical chart study as per the chart we can see that price has taken support on trend line, and able to bounce in last session, where as rsi also taken support on trendline, and taken bounce. now […]
BBTC – TECHNICAL CHART STUDY
buy BBTC above 114 sl 106 target 122-128-135 {need to sustain above 114 for atleast 15 min or more} technical chart study as per the pattern developed on chart, we can see that price has taken support recently on supporting trendline. there is a development of “RISING WEDGE” pattern on chart, and today it able […]
TINPLATE – TECHNICAL CHART STUDY
buy TINPLATE above 59 close sl 50 target 60-75 technical chart study as per chart we can see that stock has made “RISING WEDGE” pattern on chart, and able to move above resistance level recently. just now rsi able to touch the overbought zone, signaling with “BULLISH NEGATIVE DIVERGENCE” on chart, so if price able […]
MCNALLY BHARAT – TECHNICAL CHART STUDY
buy MCNALLY BHARAT above 76 sl 60 target 120-150 technical chart study as per chart we can see that recently stock able to change its falling trend, as it able to move above long term resistance level. even at bottom it has given a “POSITIVE DIVERGENCE” signal. now at upper level it has almost made […]
FDC LTD – TECHNICAL CHART STUDY
buy FDCLTD above 145 close sl 124 target 175-197-215 even more also. technical chart study as per technical chart development we can see that, stock has taken support on rising trendline, its also a “SYMMETRIC TRIANGLE” on chart with target range of 35-40 rs. there is also a development of “BULLISH NEGATIVE DIVERGENCE” as rsi […]
ALEMBIC PHARMA – TECHNICAL CHART STUDY
buy APLLTD above 286 sl 267 target 300-315-325 technical chart study as we can see that from past long time stock is taking support on trend line, and moving upward. even we can see that rsi also taking support on trendline, in todays session rsi able to move up from support level, as of now […]
MBLINFRA – TECHNICAL CHART STUDY
buy MBLINFRA down till 140 add more above 160 sl 115 target 180-220 technical chart study as we can see that it has already given a “ASCENDING TRIANGLE” breakout at 140 level, so if fall till there one can look for adding near to this level. there is some “BULLISH NEGATIVE DIVERGENCE” signal we can […]
NECLIFE – TECHNICAL CHART STUDY
buy NECLIFE above 26 close sl 20 target 32-38-45 technical chart study as per chart pattern we can see that stock has form “RISING WEDGE” on chart now, and able to hit upper level today, with almost double top level, there is also a development of “FLAG POLE” chart pattern and today it able to […]
BANK NIFTY WEEKLY CHART STUDY
BANK NIFTY WEEKLY STUDY Last week we mention that only below 12400 level we can see fall in bank nifty till the level is sustain it can look for bounce. As just see market not able to break this level and taken a good bounce in last session. As per current chart development of bank […]
NIFTY WEEKLY CHART STUDY AHEAD OF EXPIRY FOR APRIL 2014
There is an old saying on Wall Street that the market is driven by just two emotions: fear and greed. Although this is an oversimplification, it can often be true. Succumbing to these emotions can have a profound and detrimental effect on investors’ portfolios and the stock market. Many people says retail investor still not […]
ASAHI SONGWON COLOUR LTD – TECHNICAL CHART STUDY
buy ASAHISONG above 96 {closing basis} sl 75 target 125-147 technical chart study as per technical chart we can see that after a recent fall, stock able to give pull back till the recent high level, so we can even consider it as a double top. in last session we seen some good bullish candle […]
BANK NIFTY WEEKLY CHART STUDY
BANK NIFTY WEEKLY STUDY As per the bank nifty chart last week we mention that above 12700 we can see upper move and as per that bank nifty able to hit our 1st target level of 13000 last week, made high of 13056 almost. Now as per current chart development we see that at bottom […]
NIFTY WEEKLY CHART STUDY
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 […]
AMTEK AUTO – TECHNICAL CHART STUDY
CCL PRODUCTS – TECHNICAL CHART STUDY
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 CHART STUDY
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 TECHNICAL CHART STUDY
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 […]
ABBOTT – TECHNICAL CHART STUDY
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 […]