Thursday, September 1, 2011
NIFTY VIEW :- As Per 1st Chart We See Its Come Again In Triangle Pattern Forcefully,As Per 2nd Chart We See MACD Is In Positive Mode And 14day RSI Is Also Cross Downward Trend Line(white Dotted).So One Can Try To Go Long In Nifty With Some Stop For Targeting 5230. (50% Retracement Of Entire Fall Of 5740 To 4720)
Friday, August 19, 2011
NIFTY IS GOING TO CRASH !!! TODAY MAY BLACK FRY--DAY!!!
AS WE HAVE SAID ON WEDNESDAY NIFTY HAS SUPPORT NEAR 4945..IT HAS CLOSED YESTERDAY NEAR THAT LEVEL...NOW AS PER DAILY CHART NIFTY IS IN DOWN CHANNEL AND ITS LAST SUPPORT ( HOPE) IS AT 4885-4890..WE CAN SEE SOME BOUNCE BACK... OTHER WISE IT CAN GO UPTO 4860..4800..THEN ..4650 LEVELS..LETS HOPE FOR THE BEST THAT NIFTY CANT BREACH THE 4885..
Tuesday, August 16, 2011
NIFTY FOR 16TH AUGUST WEEK :: SHORT TERM CALL OF AMBUJA CEM.
NIFTY VIEW :- On Weekly Chart NIFTY Had Made A “Bullish Doji Star” Pattern, And On Weekly Base Its Made A Low Of 4946 But Then After We Have Seen Sharp Recovery Up To 5198 And It had Tried Twice In This Week For Cross 5200-5210 Level But Its Fail And Then We See One Again Selling Pressure Up To 5053 Levels, So If This Week Its Cross 5050 Level On Down Side Then We See More Selling Pressure Up To 4945..4880..4790. Levels, And If Its Cross 5210—5220 Level On Up Side Then And Then We See Some More Recovery Expect In Market.
Now NIFTY Has Entered In New Range Of 4945 To 5200 Levels. So We Trade Accordingly. Buy On Deep Around 4950-4925 Levels With Stop Of Below 4900 For Targeting Near 5150-5190 And Sell On Rise Near 5200 With Stop Of 5210-5230 Level For Targeting 5000-4950 Levels.
AMBUJACEM :- As Per Chart We See Is In Down Channel And Friday Its Close Above That Resistance Line Of Channel , Buy This Stock near 132 with Targeting 135-140-144. Stock looking good at present level for long term investment..
Monday, August 15, 2011
Thursday, July 14, 2011
NIFTY VIEW ::: NEAR TREND DECIDING AREA...ABGSHIP FOR SHORT TERM BUY...
NIFTY VIEW :- SUPPORT @ 5550-5495-5440
RESISTANCE @ 5610-5650-5695
IF NIFTY COULD NOT CROSS 5610-5620 LEVEL AND NOT SUSTAIN CLOSE DAILY AND WEEKLY CLOSE ABOVE THIS LEVEL THAN ONE CAN GO SHORT WITH STOP OF 5620 AND ABOVE FOR TARGETING 5550-5500. OR IF ITS CROSS 5610 AND SUSTAIN ABOVE
THAT LEVEL THAN ONE CAN GO LONG FOR TARGETING 5650-5695.
ABGSHIP :- AS PER 1ST CHART WE SEE IS IN TRIANGLE PATTERN AND ITS CLOSE ABOVE RESISTANCE LINE OF CHANNEL, AS PER 2ND CHART WE SEE ITS TRADE ABOVE 200D-SMA, MACD IS ALSO IN POSITIVE MODE, 14 DAY RSI AS ALSO ABOVE
MEAN LINE AT 60. ONE CAN GO LONG ABOVE 389 WITH STOP OF 384 FOR
TARGETING 405-409.
RESISTANCE @ 5610-5650-5695
IF NIFTY COULD NOT CROSS 5610-5620 LEVEL AND NOT SUSTAIN CLOSE DAILY AND WEEKLY CLOSE ABOVE THIS LEVEL THAN ONE CAN GO SHORT WITH STOP OF 5620 AND ABOVE FOR TARGETING 5550-5500. OR IF ITS CROSS 5610 AND SUSTAIN ABOVE
THAT LEVEL THAN ONE CAN GO LONG FOR TARGETING 5650-5695.
ABGSHIP :- AS PER 1ST CHART WE SEE IS IN TRIANGLE PATTERN AND ITS CLOSE ABOVE RESISTANCE LINE OF CHANNEL, AS PER 2ND CHART WE SEE ITS TRADE ABOVE 200D-SMA, MACD IS ALSO IN POSITIVE MODE, 14 DAY RSI AS ALSO ABOVE
MEAN LINE AT 60. ONE CAN GO LONG ABOVE 389 WITH STOP OF 384 FOR
TARGETING 405-409.
Friday, July 8, 2011
NIFTY TRIGGERED OUR SL :::
NIFTY HAS BROKEN THE RESISTANCE TRENDLINE AND CLOSE NEAR THE TRENDLINE..NOW IMPORTANT LEVEL TO WATCH IS 200(EMA) IS AT 5745...ABOVE THAT WE CAN SAY THAT WE ARE BACK AGAIN IN BULL RUN..LETS WATCH HAPPENS NEXT..
Thursday, July 7, 2011
Monday, July 4, 2011
NIFTY VIEW:: NEW BABY LISTED FOR SHORT "AANJANEYA LIFE" ..!!
NIFTY VIEW :- AS PER WEEKLY CHART WE SEE ITS COME DOWN FROM RESISTANCE
LINE (5730-40), AS DAILY CHART WE SEE 200D-SMA IS ALSO NEAR 5750 LEVEL. MACD IS IN BUY MODE AND RSI (14DAY) IS TURN DOWN NEAR OVER BOUGHT ZONE(70). SO ONE CAN
GO SHORT WITH AT HIGHER LEVELS WITH A STOPLOSS OF 5750 FOR TARGETING 5600-5577-5530-5495-5440.
LINE (5730-40), AS DAILY CHART WE SEE 200D-SMA IS ALSO NEAR 5750 LEVEL. MACD IS IN BUY MODE AND RSI (14DAY) IS TURN DOWN NEAR OVER BOUGHT ZONE(70). SO ONE CAN
GO SHORT WITH AT HIGHER LEVELS WITH A STOPLOSS OF 5750 FOR TARGETING 5600-5577-5530-5495-5440.
Friday, July 1, 2011
Wednesday, June 29, 2011
PUNJ LLOYD :: INVESTMENT BUY AND RELIANCE CAPITAL FOR TRADER..!!
PUNJLLOYD :- AS PER DAILY CHART WE SEE IS IN DOWN CHANNEL AND TODAY ITS
BREAK THAT CHANNEL ON UP SIDE WITH GOOD VOLUME, SO WE CANGO LONG ABOVE 72 WITH STOP OF 67 FOR TARGETING 76-78-82. HERE THE GOOD ENTRY FOR LONG TERM INVESTMENT IN THE STOCK .. WITH TGT OF 97 TO 112...
RELCAPITAL :- AS PER DAILY CHART WE SEE IS IN TRIANGLE PATTERN AND ITS TRADE
ABOVE THAT RESISTANCE LINE OF PATTERN AND ALSO CLOSE GIVEN FOR CONTINUOUS FOR 2 DAYS, SO ONE CAN GO LONG AROUND 555 TO 560 AREA WITH SL OF 540 OF FOR TARGETING 580,612.
BREAK THAT CHANNEL ON UP SIDE WITH GOOD VOLUME, SO WE CANGO LONG ABOVE 72 WITH STOP OF 67 FOR TARGETING 76-78-82. HERE THE GOOD ENTRY FOR LONG TERM INVESTMENT IN THE STOCK .. WITH TGT OF 97 TO 112...
RELCAPITAL :- AS PER DAILY CHART WE SEE IS IN TRIANGLE PATTERN AND ITS TRADE
ABOVE THAT RESISTANCE LINE OF PATTERN AND ALSO CLOSE GIVEN FOR CONTINUOUS FOR 2 DAYS, SO ONE CAN GO LONG AROUND 555 TO 560 AREA WITH SL OF 540 OF FOR TARGETING 580,612.
Tuesday, June 28, 2011
ICICI BANK NEAR RESI..BULLS OR BEARS WAR??? THINK BOTH SIDE.!!
ICICIBANK :- AS PER 1ST DAILY CHART WE SEE ITS CLOSE NEAR LONG TERM RESISTANCE
LINE, AS PER 2ND CHART WE SEE 1086 IS 200D SMA, DAILY MACD IS ALSO IN BUY
MODE AND 14 DAY RSI IS ALSO ABOVE MEAN LINE(50),
BULLISH BUY :: ONE CAN GO LONG ABOVE 1086 WITH SL OF 1070 FOR TGT 1096, 1128, 1139.
BEARISH SELL :: SELL THE STOCK WITH A SL OF 1091 AT OR NEAR 1085 AREA FOR TGT OF 1067, 1058
HOLD OUR LAST DAY CALL OF LIC HSG FIN.. WITH A SL OF 229.. FOR TGT OF 241
LINE, AS PER 2ND CHART WE SEE 1086 IS 200D SMA, DAILY MACD IS ALSO IN BUY
MODE AND 14 DAY RSI IS ALSO ABOVE MEAN LINE(50),
BULLISH BUY :: ONE CAN GO LONG ABOVE 1086 WITH SL OF 1070 FOR TGT 1096, 1128, 1139.
BEARISH SELL :: SELL THE STOCK WITH A SL OF 1091 AT OR NEAR 1085 AREA FOR TGT OF 1067, 1058
HOLD OUR LAST DAY CALL OF LIC HSG FIN.. WITH A SL OF 229.. FOR TGT OF 241
Monday, June 27, 2011
NIFTY VIEW AND BUY LIC HOUSG. FIN SHORT TERM BUY::
NIFTY VIEW :- FRIDAY NIFTY OPEN IN GREN AND THAN AFTER ITS START UPWARD JOURNEY AND ITS END WITH GAIN OF 2.8%. THIS IS UNEXPECTED RALLY AND ON FRIDAY EVEING (AFTER MARKET CLOSE) GOVERNMENT DECLARE PRICE HIKE IN DIESEL AND LPG GAS, THIS PRICE HIKE IS VERY IMPORTANT FOR INFLECTION, SO MONDAY IS VERY IMPORTANT FOR MARKET MOVEMENT.
NIFTY RES. 5520,5570,5610. AND
SUP. 5440,5410,5370,5348,5325
LICHSGFIN :- AS PER DAILY CHART OF LIC WE SEE ITS GIVE POSITIVE CROSS OF
200D SMA. SO ONE CAN GO LONG ABOVE 230 WITH STOP OF 225 FOR TARGATING 236,
241. OR ONE CAN GO SHORT BELOW 323FOR TARGAING 215,213.
NIFTY RES. 5520,5570,5610. AND
SUP. 5440,5410,5370,5348,5325
LICHSGFIN :- AS PER DAILY CHART OF LIC WE SEE ITS GIVE POSITIVE CROSS OF
200D SMA. SO ONE CAN GO LONG ABOVE 230 WITH STOP OF 225 FOR TARGATING 236,
241. OR ONE CAN GO SHORT BELOW 323FOR TARGAING 215,213.
WATCH OUR CALL OF VIP IND FROM 710 TO 746 IN ONE DAY...ENJOYED OR NOT!!..
Friday, June 24, 2011
Tuesday, June 14, 2011
BUY SMALL VALUE SCRIPTS:: ALOK TEXT AND DCB...
ALOKIND :- AS PER DAILY CHART WE SEE ITS CROSS RESISTANCE LINE OF CHANNEL, ONE CAN GO LONG WITH STOP OF 1-2% FOR TGT. 29.25, 32.FOR THE LONG TERM INVESTMENT HERE THE GOOD OPPORTUNITY.
DCB :- AS PER DAILY CHART WE SEE ITS BREAK LONG TERM RESISTANCE TREND LINE, WE SEE 63 IS VERTICAL RESISTANCE , SO ONE CAN GO LONG ABOVE 63 FOR TARGATING 65 , 70, 76 WITH STOP OF 1-2%. WE HAVE BEEN RECOMMENDING THIS STOCK SINCE LAST WEEK..
Monday, June 13, 2011
Thursday, June 9, 2011
Wednesday, June 8, 2011
POSITIONAL BUY FOR TULIP TELE..TELECOM + IT STOCK
AS WE CAN IN THE CHART, THE STOCK HAS BROKEN THE TRIANGLE PATTERN IN UP SIDE AND ALSO BREAKING THE 200 EMA AVG. WITH A GREAT VOLUME ..BUY THE STOCK FOR FEW DAYS ABOVE 166 WITH TGT OF 178..187 AND UPTO 194 WITH A CLOSING STOP LOSS OF 157..ONE CAN ALSO INVEST IN THE STOCK..FOR LONG TIME HERE THE ENTRY IS VERY GOOD WITH MINIMUM RISK..
DON'T FORGET TO BUY DCB AS WE HAVE GIVEN BUY CALL ON MONDAY..ABOVE 62-63..IT CAN BLAST UPTO 72..74..
DON'T FORGET TO BUY DCB AS WE HAVE GIVEN BUY CALL ON MONDAY..ABOVE 62-63..IT CAN BLAST UPTO 72..74..
Monday, June 6, 2011
WEEKLY VIEW OF NIFTY... AND DCB FOR MEDIUM TERM BUY::
NIFTY VIEW :- AS PER 1ST WEEKLY CHART WE SEE AS PER LONG TERM TREND LINE
ITS CLOSE(5516) BELOW THAT SUPPORT TREND LINE(5532),
WE SEE 5400-5310 ARE THE IMPORTANT SUPPORT LEVELS, AS PER PERABOLIC SAR ON WEEKLY BASE IS ALSO IN SELL MODE WITH REVERSAL OF 5664. AS PER MY OBSERVATION 5590-5612 SPOT NIFTY LEVEL IS MOST IMPORTANT FOR NEXT UPMOVE. SO ONE CAN HOLD SHORT WITH STOP OF 5620 (SPOT NIFTY). FOR TARGATING 5400-5360-5328(LAST MONTH LOW) LEVELS. BELOW 5310 WE SEE 5240 5175 LEVELS.
DCB: AS PER WEEKLY CHART WE SEE THE STOCK HAS MADE CUP AND HANDLE
PATTERN (NICE INTERSEATING TECHINACL PATTER) AND AS PER THIS PATTERN
BRACK ON UP SIDE IS AVAILABEL ABOVE 65 CLOSE, ONE CAN GO LONG ABOVE 65
FOR TARGATING 77 AND ABOVE THAT 87-120 WITH STOP OF 58. OR
ACCUMULATING ON DEEP UP TO 58 WITH STOP OF 53-48. FOR TARGATING 65 -77.
ITS CLOSE(5516) BELOW THAT SUPPORT TREND LINE(5532),
WE SEE 5400-5310 ARE THE IMPORTANT SUPPORT LEVELS, AS PER PERABOLIC SAR ON WEEKLY BASE IS ALSO IN SELL MODE WITH REVERSAL OF 5664. AS PER MY OBSERVATION 5590-5612 SPOT NIFTY LEVEL IS MOST IMPORTANT FOR NEXT UPMOVE. SO ONE CAN HOLD SHORT WITH STOP OF 5620 (SPOT NIFTY). FOR TARGATING 5400-5360-5328(LAST MONTH LOW) LEVELS. BELOW 5310 WE SEE 5240 5175 LEVELS.
DCB: AS PER WEEKLY CHART WE SEE THE STOCK HAS MADE CUP AND HANDLE
PATTERN (NICE INTERSEATING TECHINACL PATTER) AND AS PER THIS PATTERN
BRACK ON UP SIDE IS AVAILABEL ABOVE 65 CLOSE, ONE CAN GO LONG ABOVE 65
FOR TARGATING 77 AND ABOVE THAT 87-120 WITH STOP OF 58. OR
ACCUMULATING ON DEEP UP TO 58 WITH STOP OF 53-48. FOR TARGATING 65 -77.
Tuesday, May 31, 2011
TODAY M&M LTD. NEAR SUPPORT
M&M :- AS PER DAILY CHART OF M&M, WE SEE THE STOCK IS IN UP CHANNEL AND YESTERDAY IT HAS BROKEN THAT CHANNEL AT DOWN SIDE AND GIVE CLOSE ALSO WITH GOOD VOLUME NEAR THAT CHANNEL SUPPORT, NOW WE SEE 655 IS GOOD SUPPORT, ONE CAN GO BUY NEAR 655 WITH SL OF 655 FOR TGT 670.. BUT BELOW 655 GO FOR SHORT SELL FOR TGT 640...625 WITH SL OF 668..LETS WATCH WHO WILL WIN BULLS!! OR BEAR!!!
YESTERDAY CALL OF LICHSGFIN..ENJOYED OR NOT..NOW MODIFY STOPLOSS WITH 225 AND WAIT FOR SECOND TGT 242..
YESTERDAY CALL OF LICHSGFIN..ENJOYED OR NOT..NOW MODIFY STOPLOSS WITH 225 AND WAIT FOR SECOND TGT 242..
Monday, May 30, 2011
NIFTY NEAR WEEKLY TREND SUPPORT...
NIFTY VIEW :
AS WE SEE IN LAST WEEK UP TO WEDNESDAY MARKET FALLING DOWN UP TO 5328 AND THEN AFTER IS TURN ITS TREND ON UP SIDE AND WEEK’S END @ 5476 WITH LOSS OF ONLY 0.2%. MADE A “BULLISH HAMMER” ON WEEKLY CHARTS. AS PER WEEKLY CHART WE SEE IS IN TRIANGLE PATTERN AS PER MID TERM. LAST WEEK NIFTY HAS BROKEN LONG TERM TREND LINE ON DOWN SIDE AND GIVE A WEEKLY CLOSE BELOW THAT TREND LINE, LETS WHETHER NIFTY HAS GIVEN FALSE MANIPULATED UP TREND REVERSAL OR ITS CONFIRM...SUPPORT 5380 KEY LEVEL CLOSE BELOW THEN WHAT !!
•YESBANK :-AS PER WEEKLY CHART WE SEE ITS BREAK LONG TERM TREND LINE ON DOWN SIDE, ONE CAN GO LONG FOR SHORT TERM UP TO 303-305 LEVELS. OR GO SHORT ON RISE UP TO 300-305 WITH STOP OF 308 FOR TARGATING 270-253-233. AS PER DAILY CHART WE SEE ITS COME BANK IN ITS TRIANGLE PATTERN, ONE CAN GO LONG WITH STOP OF 292 FOR TARGATING 305-320, 305 IS IMPORTANT LEVEL AS PER WEEKLY CHART. SO TRADE ACORDINGLY.
WEELY CHART
DAILY CHARTWednesday, May 25, 2011
Tuesday, May 24, 2011
TODAY BEAR STOCK....SUNPHARMA AND AXIS BANK..
YESTERDAY CALL OF CUMMINS IS INITIATED IN BEARIS..IT HAS BROKEN 695..NOW WAIT FOR MORE FALL IN THE STOCK..
SUN PHARMA : GO FOR SHORT SELL SUNPHRMA BELOW 422 WITH INTRADAY TGT OF 412..404..AND SL IS 427..
AXIS BANK: GO FOR SHORT SELL IN FNO AND INTRADAY NEAR 1200 LVL WITH TGT OF 1183..1150 ALSO.. SL IS 1220 ..ONE CAN GO FOR 1200 PUT CALL OF THIS MONTH SMALL RISK HUGE PROFIT..
SUN PHARMA : GO FOR SHORT SELL SUNPHRMA BELOW 422 WITH INTRADAY TGT OF 412..404..AND SL IS 427..
AXIS BANK: GO FOR SHORT SELL IN FNO AND INTRADAY NEAR 1200 LVL WITH TGT OF 1183..1150 ALSO.. SL IS 1220 ..ONE CAN GO FOR 1200 PUT CALL OF THIS MONTH SMALL RISK HUGE PROFIT..
Monday, May 23, 2011
CUMMINS INDIA LTD:: NEAR BREAK OUT ..
CUMMINS INDIA LTD.. IS TRADING IN CLOSING TRIANGLE AS SHOWN IN THE CHART..THE STOCK ALSO TRYING TO CROSS THE 200EMA AT 718..IF IT CLOSE AND ABOVE 723 LEVEL WE CAN GO LONG( BUY) THE STOCK WITH TGT 760..775 AND 805.. WITH SL OF (695)...BUT DON'T REMAIN BELOW 695...IT CAN GO UPTO 630 LEVEL ALSO..LETS WATCH THE FOR COMING FEW DAYS BEARS OR BULLS!!!
Friday, May 20, 2011
Thursday, May 19, 2011
NIFTY VIEW ... NEAR LAST SUPPORT...5400..5380 AREA..IT BREAKS THEN ..!!!
•NIFTY VIEW: - YESTERDAY NIFTY INTRADAY TOUCHED 5400...CLOSE 5420 LEVEL . 14 DAY RSI IS 36 NEAR OVERSOLD ZONE (30). WE SEE SOME BOUNCE BACK EXPECTED ONLY ABOVE 5472 LEVEL. OTHER WISE SELL ON RISE UP TO 5450-5460 WITH STOP OF 5475. DOWN SIDE TARGET IS 5378-5350-5310-5232-5177 LEVELS.
SHORT CALL OF VIPIND AS PER CHART OF VIPIND WE SEE IS IN UP CHANNEL BUT LAST DAY ITS BREAK THAT TREND LINE ON DOWN SIDE, ONE CAN SELLON RISE UP TO 673 WITH STOP OF 685 FOR TARGATING 655, 645, 622 LEVELS.
•
Tuesday, May 17, 2011
Monday, May 16, 2011
NIFTY WEEKLY VIEW::: LONG TERM VIEW IN POLARIS::
NIFTY VIEW :
AS WE SEE IN THIS WEEK MARKET TRADE IN A BRODE RANG UP SIDE 5600-5610 LEVEL AND DOWN SIDE 5460-5470 LEVELS. LAST WEEK FIRST HAS BROKEN SUPPORT AND TOUCH NEAR 5440 LEVELS THEN TAKE U TURN UPTO 5600 LEVEL ON FRIDAY . AS PER WEEKLY CHART OF NIFTY WE SEE ITS TRADE NEAR LONG TERM SUPPORT TREND LINE (5423), IF THIS WEEK NIFTY SPOT BREAK THAT LEVEL ON DOWN SIDE AND GIVE A WEEKLY CLOSE THEN WE ENTAR IN BEAR MARKET AND WE SEE MORE DOWN SIDE LEVELS 5340, 5230, 5175 AND ON UP SIDE 5610-5630 LEVELS THEN WE SEE SOME UP SIDE MOVEMENT 5754 (200D SMA). SO MANY NIFTY INDEX STOCKS ARE TRADE NEAR LONG TERM SUPPORT LEVELS , SPECIALY BANKING STOCKS. SO TRADE CAREFULLY THIS WEEK. HAPPY TRADING WITH RISE 5RS IN PETROL
POLARIS SOFT:
AS PER 1ST CHART OF POLARIS WE SEE IS TRADE NEAR SUPPORT LINE , IF ITS BREAK 195 LEVEL THEN ONE CAN GO SHORT WITH STOP OF 1-2% OR ONE CAN GO SHORT ON RISE UP TO 210-214 LEVELS WITH STOP OF 216 LEVEL FOR TARGATINF 204, 197.(214 IS DOUBLE TOP SO IS NOT EASY TO CROSS). IF THE STOCKS MAINTAINS ABOVE AND CLOSE ABOVE 216 THEN CAN GO FOR 225..240 ALSO..LETS WATCH THE MKT..MOOD WITH THIS STOCKS
AS WE SEE IN THIS WEEK MARKET TRADE IN A BRODE RANG UP SIDE 5600-5610 LEVEL AND DOWN SIDE 5460-5470 LEVELS. LAST WEEK FIRST HAS BROKEN SUPPORT AND TOUCH NEAR 5440 LEVELS THEN TAKE U TURN UPTO 5600 LEVEL ON FRIDAY . AS PER WEEKLY CHART OF NIFTY WE SEE ITS TRADE NEAR LONG TERM SUPPORT TREND LINE (5423), IF THIS WEEK NIFTY SPOT BREAK THAT LEVEL ON DOWN SIDE AND GIVE A WEEKLY CLOSE THEN WE ENTAR IN BEAR MARKET AND WE SEE MORE DOWN SIDE LEVELS 5340, 5230, 5175 AND ON UP SIDE 5610-5630 LEVELS THEN WE SEE SOME UP SIDE MOVEMENT 5754 (200D SMA). SO MANY NIFTY INDEX STOCKS ARE TRADE NEAR LONG TERM SUPPORT LEVELS , SPECIALY BANKING STOCKS. SO TRADE CAREFULLY THIS WEEK. HAPPY TRADING WITH RISE 5RS IN PETROL
POLARIS SOFT:
AS PER 1ST CHART OF POLARIS WE SEE IS TRADE NEAR SUPPORT LINE , IF ITS BREAK 195 LEVEL THEN ONE CAN GO SHORT WITH STOP OF 1-2% OR ONE CAN GO SHORT ON RISE UP TO 210-214 LEVELS WITH STOP OF 216 LEVEL FOR TARGATINF 204, 197.(214 IS DOUBLE TOP SO IS NOT EASY TO CROSS). IF THE STOCKS MAINTAINS ABOVE AND CLOSE ABOVE 216 THEN CAN GO FOR 225..240 ALSO..LETS WATCH THE MKT..MOOD WITH THIS STOCKS
Thursday, May 12, 2011
Wednesday, May 11, 2011
NIFTY VIEW : CRUCIAL AREA.... 5510 to 5610...
NIFTY IS IN CRUCIAL SUPPORT NEAR 5510 AND RESISTANCE OF 5610.. EITHER SIDE BREAK WILL TAKE... 200+ POINT CORRECTION..ON DAILY CHART NIFTY HAS MADE BEARISH FLAG PATTERN BELOW 5512-5510 WOULD TAKE TO 5470..5430..5370...SO PLEASE BE CAUTIOUS IN ANY LONG POSITION...SOME OF THE TECHNICAL INDICATORS MACD..ADX ARE IN NEGATIVE REGION..ALS0 SUGGEST BEARISH MOOD..!!
Monday, May 9, 2011
NIFTY VIEW ...CAIRN INDIA....NEAR CRUCIAL AREA...AND SELL CALL IN SUN PHARMA!!!
•NIFTY MEDUIM TERM VIEW:- AS PER NIFTY WEEKLY CHART, IF NIFTY BREAKS 5380-5390 AND CLOSE BELOW THIS LEVEL THEN WE CAN ENTER IN BEARISH MARKET FOR MEDIUM TERM , WE CAN SEE MORE CORRECTION UP TO 4950, 4775, 4540 LEVELS IN COMING DAYS. IF IT MARKET TAKE SUPPORT OF HERE THEN WE SEE SOME UPWARD MOVEMENT UP TO 5610, 5680, 5750.
•CAIRN INDIA : AS PER 1STCHART OF CAIRN WE SEE IS IN UP CHANNEL AND ON FRIDAY ITS CLOSE NEAR SUPPORTING TRAND LINE, IF TOMORROW ITS BREAK 331 ON DOWN SIDE ONE CAN GO SHORT WITH STOP OF 337 FOR TGT OF 320, 313, OR IF TOMORROW ITS TRADE ABOVE 337 THEN ONE CAN GO LONG WITH STOP OF 331 FOR TGT 340, 347. LETS WATCH WHAT HAPPENS TO THE STOCK ( BECAUSE IT HAS BIG NEWS FOR VEDANTA DEALS.. ) BULLS OR BEARS!!
•SUNPHARMA : AS PER WEEKLY CHART OF SUNPHARMA WE SEE ITS TRADE NEAR SUPPORT TREND LINE, AND ITS MADE “BEARIS ENGULFING CANDLE STICK PATTERN”, ONE CAN GO SHORT BELOW 423 WITH STOP OF 435 FOR TARGATING 403, 370.
Thursday, May 5, 2011
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