Friday, March 23, 2018

VOLTAS IN RED; AS PREDICTED ON 21 MARCH





PROFIT AT 1ST TGT  610 = 10000 
PROFIT AT 2ND TGT 595 = 25000
TOTAL PROFIT = 35000

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DAILY CHART FOR VOLTAS:

Thursday, March 22, 2018

VOLTAS TRADED BELOW ITS 55&22 EMA





PROFIT AT 1ST TGT  610 = 10000 IN 1 LOT

CONTINUE TO HOLD FOR FINAL TGT 595

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DAILY CHART FOR VOLTAS:


Wednesday, March 21, 2018

TRADE IDEA ON VOLTAS FUTURE FOR 22 MARCH 2018


“SELL VOLTAS BELOW 620 TGT 610/595”
"BUY VOLTAS ABOVE 630 TGT 640/655"

Voltas Limited is engaged in room air conditioners, contract revenue, commercial refrigeration products and sale of services. After showing  bullish movement, it is forming a reversal pattern in short-term charts, the Primary trend of the VOLTAS is bearish. Strong Support level is seen on the daily chart at 620. it is likely to show correction with the breach of the support level of 620, where one may initiate the short position in it for the targets of 610/595. as the stock is managing to trade below its 22& 50 days moving averages with

Friday, March 16, 2018

ARVIND IS IN SHORT TERM DOWNTREND


"SELL ARVIND BELOW 395 TGT 390/380 SL 406"

FOR NEXT UPDATE KEEP READING 

TECHNICAL VIEW:  Arvind Limited is a textile company. The Company's principal products/services are finished fabrics and garments.ARVIND is forming a bearish pattern in short-term charts, the Primary trend of the ARVIND is bearish. Strong Support level is seen on the daily chart at 392. , it is likely to show correction with the breach of the support level of 392, where one may initiate the short position in it for the targets of 380, while stop loss can be placed at 406.  as the stock is managing to trade BELOW its 22& 55 &200 days moving averages with the RSI of 42.  on the other hand After the breakout, the resistance level of 406 One may get the targets of 412/420 in the stock with the stop loss of 395.
DAILY CHART FOR ARVIND:




Thursday, March 15, 2018

STAR SHINES AS PREDICTED ON 12 MARCH POST



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"BUY mcx ABOVE 817 TGT 838/850 SL 780"



Primary trend of the MCX  is bullish for now and  After showing correction from the higher level of 1249, 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 817; as the stock is managing to trade above its 22 &55 moving averages with the RSI of 62, one may expect the targets of 838/860 in the stock if it manages to sustain above the immediate strong support level of 800. 876 level is seen as a strong resistance.
DAILY CHART FOR MCX