LONG WHITE CANDLESTICK IN ARVIND

BUY  ARVIND ABOVE 388 TGT 393/398 SL 380

Primary trend of the ARVIND  is bullish After showing correction from the higher level, now stock is trading in good recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 392 as the stock is managing to sustain above the level of 386. One may get the targets of 398,405 in the stock with the stop loss of 380.

Overall trend of the stock is bullish. as the stock is managing to trade above its 22& 55 and 200 days moving averages with the RSI of 60. It is likely to experience fresh buying with the crossing of 396 , where one may keep the targets of 405-410 in the stock with the stop loss of 380.

DAILY CHART FOR ARVIND:

KEEP AN EYE ON CEATLTD COMING WEEK

BUY  CEATLTD ABOVE 1760 TGT 1780/1830 SL 1730

Primary trend of the CEATLTD  is bearish After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 1760 as the stock is managing to sustain above the level of 1760. One may get the targets of 1780,1830 in the stock with the stop loss of 1730.Overall trend of the stock is bullish. if the stock is managing to trade above its RSI of 50.And Ceatltd manages to sustain above the immediate support level of 1700.55 EMA can see as a strong resistance at 1760. It is likely to experience fresh buying with the crossing of 22 EMA , where one may keep the targets of 1800-1850 in the stock with the stop loss of 1730.

DAILY CHART FOR CEATLTD: 

JUSTDIAL BULLISH; AS PREDICTED ON 30 AUG

JUSTDIAL ROCKSS ACHIEVED FINAL TARGET 400 MADE HIGH OF 399.85

TOTAL PROFIT: 23820

FOR LIVE TRADING LEVELS WHATS UP ME

ON 09039542248

DAILY CHART FOR JUSTDIAL 

TECHNICAL VIEW ABOUT JUSTDIAL FOR 31 AUG 2017

YESTERDAY'S RELINFRA ALMOST ACHIEVED FIRST TGT  MADE A HIGH OF 514 

buy JUSTDIAL above 380 TGT 390/400 SL 365

Primary trend of the JUSTDIAL  is bullish and after giving breakout of its range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 372 ; Overall trend of the stock is bullish and after experiencing correction from the higher level. as the stock is managing to trade above its 22& 55 days moving averages with the RSI of 57, one may expect the targets of 377/385 in the stock if it manages to sustain above the immediate support level of 363. 200 EMA can see as a strong resistance at  200 EMA 445. it is likely to experience fresh buying with the crossing of 200 EMA , where one may keep the targets of 450,470 in the stock with the stop loss of 350.

DAILY CHART FOR JUSTDIAL:

BULLISH INVERTED HAMMER IN RELINFRA

BUY  RELINFRA ABOVE 500 TGT 515/525 SL 480

Inverted Hammer is seen in relinfra, market opens at or near its low. Then prices change direction and we see a rally. However, the bulls do not succeed in sustaining the rally during the rest of the day and prices finally close either at or near the low of the day. It may not be clear why this type of price action is interpreted as a potential reversal signal. The answer has to do with what happens over the next day. If the next day opens above the body of the Inverted Hammer. The longer the market holds above the Inverted Hammer’s body. This may ignite a rally as a result of covered short positions, which may then inspire the bottom pickers to take long positions.

                         Primary trend of the RELINFRA is bullish After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 500 as the stock is managing to sustain above the level of 500. One may get the targets of 525,535 in the stock with the stop loss of 480.Overall trend of the stock is bullish. as the stock is managing to trade above its 22& 55 and 200 days moving averages with the RSI of 50 It is likely to experience fresh buying with the crossing of 200 EMA at 520 , where one may keep the targets of 540-550 in the stock with the stop loss of 510.

DAILY CHART FOR RELINFRA:

THE TWO ANALYTICAL MODEL TO DETERMINE WHAT STOCK TO BUY

There are two basic methodologies investors rely upon when the objective of the analysis is to determine what stock to buy and at what price, :

1.     Fundamental analysis maintains that markets may incorrectly price a security in the short run but that the "correct" price will eventually be reached. Profits can be made by purchasing the wrongly priced security and then waiting for the market to recognize its "mistake" and re price the security.

Ø  Fundamental analysis includes:

·        Economic analysis

·        Industry analysis

·        Company analysis

2. Technical analysis maintains that all information is reflected already in the price of a security. Technical analysts look at trends and believe that sentiment changes predate and predict trend changes. Investors' emotional responses to price movements lead to recognizable price chart patterns. Technical analysts also evaluate historical trends to predict future price movement.

Investors can use one or both of these complementary methods for stock picking. For example, many fundamental investors use technical for deciding entry and exit points. Similarly, a large proportion of technical investors use fundamentals to limit their universe of possible stock to "good" companies.

                   The choice of stock analysis is determined by the investor's belief in the different paradigms for "how the stock market works

KEEP AN EYE ON LUPIN(PHARMA STOCKS) COMING WEEK

BUY LUPIN ABOVE 1009 TGT 1060/1090 SL 955

FOR LIVE TRADING LEVELS WHATS UP ME

ON 09039542248

Primary trend of the SUNTV is bearish and now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 1009 above 22EMA. Then it will forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 1009 ; Then Overall trend of the stock is bullish. If the stock is managing to trade above its 22 days moving averages with the RSI of 48, one may expect the targets of 1060/1090 in the stock if it manages to sustain above the immediate support level of 955. 55 EMA can see as a strong resistance at 770. it is likely to experience fresh buying with the crossing of 55 EMA , where one may keep the targets of 1100,1200 in the stock with the stop loss of 955.

DAILY CHART FOR LUPIN:

EYE ON SUNTV ; ABOVE 200 EMA

  Continue to hold CEATLTD buy call given in our last post

BUY SUNTV ABOVE 715 TGT 730/740 SL 700

FOR LIVE TRADING LEVELS WHATS UP ME

ON 09039542248

Primary trend of the SUNTV  is bearish and now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 720 at 200 EMA. Then it will forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 720 ; Then Overall trend of the stock is bullish. If the stock is managing to trade above its 200 days moving averages with the RSI of 40, one may expect the targets of 730/750 in the stock if it manages to sustain above the immediate support level of 700. 200 EMA can see as a strong resistance at 720. it is likely to experience fresh buying with the crossing of 200 EMA , where one may keep the targets of 750,760 in the stock with the stop loss of 700.

DAILY CHART FOR SUNTV: