Monday, January 11, 2016

TECHNICAL ANALYSIS OF HEROMOTOCO 12 JAN 2016

LAST RECOMMENDATION GIVEN ON 8 JAN 2016:
STAR IS ON FIREEEEEEEEEEEEEE !!!!!!!!!!!!
ALMOST HIT FINAL TGT 1200 MADE LOW OF 1208  SELL AT AT 1222
LOT SIZE: 400
TOTAL INTRA DAY PROFIT: 11200 IN JUST TWO LOT
FUTURE TIP FOR 12 JAN 2016
FUTURE:
"BUY HEROMOTOCO  ABOVE 2520 TGT 2540/2560 "
"SELL HEROMOTOCO BELOW 2500 TGT 2480/2460 "
FOR TWO DAYS FREE TRIAL CALLS OF FUTURE PLEASE FILL UP THE FORM GIVEN HERE >>>>>>>>>>>>>
MARKET SUMMARY OF 11 JAN 2016
After snapping a four-day losing streak on Friday, the Indian equity market yet again ended in the red. Selling pressure in IT, healthcare, banking and capital goods stocks dragged the Sensex to hit its lowest level since June 2014 in early trades. Nifty and Nifty Bank index ended at a 4-month closing low. The Sensex opened at 24,787, touched an intra-day high of 24,962 and low of 24,599. It finally ended with a loss of 109 points at 24,825.The  Nifty opened at 7,527 hitting a high of 7,605 and low of 7,506, before ending with a loss of 38 points at 7,593. a fall below 7540 on closing basis would result in a breakdown from a descending triangle pattern on the long term charts. For index to reverse current predicament, pullback from lows has to sustain above 7750 for consecutive days.”
DAILY & WEEKLY SUPPORT AND RESISTANCE FOR HEROMOTOCO:
HEROMOTOCO  levels generated based on 2016-01-11 data for the next trading day.
Daily
R4
R3
R2
R1
BULL
LOC
BEAR
S1
S2
S3
S4
level
2534
2520
2511
2505
2500
2494
2488
2482
2477
2468
2453
HEROMOTOCO Weekly levels generated for the week starting from 2016-01-11
Weekly
R4
R3
R2
R1
REV
BULL
LOC
BEAR
REV
S1
S2
S3
S4
Levels
2685
2651
2597
2563
2522
2509
2499
2488
2475
2434
2400
2367
2346
DAILY CHAT FOR HEROMOTOCO





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