TATA MOTORS Tata Motors has been on dream bull run from low of rs 150 to high of 1294.TELCO results were phenomenol today can give booster to stock to scale towards new high. Remember:Money always flow in hot stocks in bull market regardless of valuation comfort zone. Channel support comes at 1256 should be sl… Read More »
Reliance Daily Chart Reliance Daily Chart is showing a bullish breakout with rising support and facing resistance around 1119 levels.Stock has remain under performer for the most of the rally,Now as we are at the most crucial juncture of the rally moving to all time high RIL can play a crucial role. It’s a throw-back… Read More »
SEBI came out with a circular on 27th November, 2010 giving freedom to Stock Exchanges for choosing style of Options (European / American) on Stocks. It gives flexibility to stock Exchange to offer either European style option or American Style Options. As of Today Index Options are European Style options and all Stock Options are… Read More »
Fundamental Aspect “Confidence Petroleum is a play on urbanization. Rural India is increasingly transitioning from kerosene and other cooking mediums to LPG gas, you are also seeing greater trend of nuclear families, so that means a greater demand for LPG cylinders.” “Confidence is the largest cylinder manufacturer in Asia; the capacity is more than 40… Read More »
Voltas Volatas products will be on demand during the Diwali Time and will be a sentiment booster for the Stock.Technically Stock is looking for a breakout on upside seeing the price volume action. Volatas is having a good support at 20 DMA@240 and resistance at recent swing high of Rs 253 Buy above 253 Tgt… Read More »
Talwakar Fitness Talwakar’s has been locked in a trading zone of 224-258 from past 3 months.Stock look like it will breakout of the range looking out of market sentiments and volumes which were see today. MACD is giving a buy signal and Stock while stoc is showing overbought region.Best strategy to buy on a pullback… Read More »
BHEL BHEL is forming base around 2430 levels as show in daily charts and forming a resistance around 2500 levels.As seen it is forming an ascending triangle formation.RSI and MACD are in oversold state Buy around 2483 levels tgt 2500/2520 and 2548 SL 2420 Hind Petro Hind Perto has been in downward channel as shown… Read More »
Nifty Trading System as i have discussed few months earlier generated a sell signal @6090 and still now in Sell Mode.Last time it generated a buy signal was 5473 and trade made a high of 6284,but i do not think that anyone had so till high levels and with this trading system we need to… Read More »
KS OILS KS Oils is on a bull run from a low of Rs 48 to a break of 60 today.Today stock came near its 200 DMA and was unable to cross it.I have given call on this counter around 54 levels. Now if it is able to cross 200 DMA @60 with volumes and… Read More »
Nifty Weekly Chart Nifty Weekly Chart we can see A-B-C Correction happening.Well this scenario is in progress and C wave can further be subdivided into 5 sub waves and as per correction from past 3 weeks we can assume 4 wave is done and we are into 5 wave from the coming week. Nifty will… Read More »