Tuesday, September 5, 2017
Monday, September 4, 2017
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:
Friday, September 1, 2017
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.
Thursday, August 31, 2017
Wednesday, August 30, 2017
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:
Tuesday, August 29, 2017
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:
Monday, August 28, 2017
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.
Thursday, August 24, 2017
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:
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