To understand this first let us first learn about break out. Abreakout is the point at which stock breaks away the price or movesout of a trading range or pattern with significant volume. Technicalanalyst will often look for breaks of support and resistance to enterpositions. From the definition you know that there are two keycomponents… Read More »
Zee Limited buy if 221 is crossed Tgt 224 and 228
BUY GRASIM once it crosses and sustains 2627 TGT 2642 2666
Nifty Daily charts are Attached. Following Conclusions can be drawn for the week gone by and predictions can be made for the coming week.1. The Blue line which is trendline held the support and we did not broke the 4575-80 Band We touched it thrice and than gave a good bounce on Friday 2.Nifty is… Read More »
Hi Readers of BlogTo get auto update Nifty EOD Charts copy the script from the textbox below the image and paste it in your Blogs for Automatic EOD Update for Charts with Technical Indicators Nifty Daily Charts  ” />  ” /> Get this EOD Chart
Attached Chart of GODAWARI POW & ISP Following Points should be Noted1.Stock has shown good momentum with vols in past 2-3 days 2.Stock after hitting a high of 146 had shown a pullback till 132 which is also 71.8% Fibo retracement.3.Above 140 once can buy this stock again for a tgt of 146.4.If 146 is… Read More »
Attached the Suzlon Chart Levels are given Trade according to level again.Positive Divergence seen in RSI
Short ONGC if it Breaks and sustains 1150 tgt 1143 1134 1121
Black September for Stock Market ? For Stocks, September May Be the Cruelest Month September is fewer than three weeks away. Feeling nervous? Maybe youshould be. For investors, the period between Labor Day and Halloweenis proving an annual fright show. And no one knows why. It was, of course, in September last year that Lehman… Read More »
IFCI SL 53 tgt 60 65 BRoken after long period of consolidation and Vols are increasing significantly DLF SL 397 tgt 444 Trend line breakout 20 WMA above 50 WMA Larsen sl 1540 BUy above 1630-50 tgt 1760 1790 Voltas sl 148 buy range 155-65 tgt 180 WElspun Gujrat above 250 Keep trailing your SL.