Tuesday, February 13, 2018

STOCK FUTURE TRADING TIP FOR 14 FEB 2018


BUY  GRASIM ABOVE 1130 TGT 1150/1180 SL 1100
Primary trend of the GRASIM  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 1130 as the stock is managing to sustain above the level of 1130. One may get the targets of 1150,1200 in the stock with the stop loss of 1100.Overall trend of the stock is bullish. if the stock is managing to trade above its RSI of 50.And GRASIM manages to sustain above the immediate support level of 1110. 22 &55&200 EMA can see as a strong resistance at 1153,1168,1141. It is likely to experience fresh buying with the crossing of 200 EMA . On the other hand, If the Grasim manages to close below these levels then the Grasim can drift to the levels of 1090 to 1060 with the stop loss of 1140.

DAILY CHART FOR GRASIM:

Friday, February 9, 2018

WEEKLY TECHNICAL VIEW ABOUT STAR FOR 12-16 FEB 2017


BUY STAR ABOVE 750 TGT 790/830 SL 690

Primary trend of the STAR  is bullish . and  After showing correction from the higher level, now stock is trading in short-term recovery phase, 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 750 ; right now the stock is managing to trade below  its 22& 55 AND 2000 days moving averages with the RSI of 40, one may expect the targets of 780/830 in the stock if it manages to sustain above the immediate strong support level of 690 level . 760 and 790 is seen as a strong resistance at 22 & 55 EMA.

DAILY CHART FOR STAR

Thursday, February 8, 2018

STOCK FUTURE CALL FOR 09 FEB 2018


BUY SUNTVABOVE 975 TGT 1010/1030 SL 930


Primary trend of the SUNTV  is bullish for now and  After showing short term correction from the higher level of 1100, now stock is trading in short-term recovery phase, 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 975 as the stock is managing to trade above its 22 &55 and 200 days moving averages with the RSI of 50, one may expect the targets of 1010/1030 in the stock if it manages to sustain above the immediate strong support level of 930. strong resistance would be seen at 890. Below 930 you may expect the target of 905/880.
DAILY CHART FOR SUNTV

Wednesday, February 7, 2018

STOCK FUTURE CALL FOR 08 FEB 2018


sell ACC below 1600 TGT 1570/1540 SL 1650

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ACC, after showing correction from the higher level, it is forming continuation pattern in short-term charts, it is likely to continue the negative movement with the breakout of the pattern at the PIVOT levels of 1600 ; as the stock is managing to trade below its 22,50 and 200 days moving averages with the RSI of 30, one may expect the targets of 1570/1540 in the stock if it manages to sustain below the immediate resistance  level of 1620. 200 EMA is seen as a strong resistance level of 1650. Strong support is seen at 1580.
DAILY CHART FOR ACC

Friday, February 2, 2018

NEXT WEEK OUTLOOK: CENTURYTEX WILL CONTINUOUS THE DOWN TREND

"SELL CENTURYTEX BELOW 1300 TGT 1250/1200 SL 1350"
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The Primary trend of the CENTURYTEX is bearish. Strong Support level is seen on the daily chart at 1250 (as 200 EMA). it is likely to show correction with the breach of the support level of 1250, where one may initiate the short position in it for the targets of 1200/1180, while stop loss can be placed at 1350. On the other side, It is likely to continue the upside move in near term with the crossing of the resistance level of 1350. as the stock is managing to trade above its 22& 50 and 200 days moving averages with the RSI of 50.  After the breakout, the level of 1350. One may get the targets of 1380,1450 in the stock with the stop loss of 1300.
DAILY CHART FOR CENTURYTEX: