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 […]
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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 […]
OIL INDIA – TECHNICAL CHART STUDY
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 […]
BANK NIFTY CHART STUDY WITH AT THE YEAR END 31ST MARCH 2014 AHEAD OF RBI POLICY
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 […]
NIFTY CHART STUDY
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 […]
SELAN – TECHNICAL CHART STUDY
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 […]
HINDALCO – TECHNICAL CHART STUDY
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 […]
MERCK – TECHNICAL CHART STUDY
buy MERCK above 616 sl 590 target 645-675 technical chart study stock has made “RISING WEDGE” on chart now, price made new recent high, but rsi still down, some sign of “BULLISH NEGATIVE DIVERGENCE” on chart. so if price able to cross 616 and able to sustain above 616 for 15-30 min. then only one […]
ING VYSYA BANK – TECHNICAL CHART STUDY
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, […]
ARVIND LTD – TECHNCIAL CHART STUDY
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 […]
THOMAS COOK – TECHNICAL CHART STUDY
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 […]
PRAJIND – TECHNICAL CHART STUDY
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 […]
ALSTOM T&D – TECHNICAL CHART STUDY
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 […]
ASHAHI INDIA – TECHNICAL CHART STUDY
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 […]