One should see the market for what it is and not what one wants to see it.
Educomp Solution
Educomp has been in news for all bad reasons. IT raid has been a black spot on the sanctity of promoters. As I keep on saying Charts discount everything as its the Statistical representation of Human Emotion.
Looking at Educomp Chart its a falling Knife after a Fall there is consolidation than resumption of fall. As of Now Educomp is again consolidating and will soon resume its fall if it breaks the swing low of 192
Sell below 195 Tgt 192,188 and 184
Buy above 202.6 Tgt 204 and 208
State Bank of India
SBIN was supporting the market today, Above the Short term Chart of SBI and stock is trading in a parallel channel.
2016 is the Line of Resistance for SBI for any upmove to commence in short term.
Sell below 1994 TGt 1973,1962,1940 and 1920
Buy above 2027 Tgt2048,2081
Jai Prakash Associate
JP Associate showed its much awaited rally moving up by 4%.I have shown Long term chart of JP .
66 is the Most crucial Level for the Stock in the short term. Break of 66 will lead to continuation of upmove else it will get truncated and JP will resume its Downtrend again. MY much awaited level of Rs 49 should come in next leg of Fall.
Sell between 65-66 Tgt 63.3,61.8 and 59
Hi Brahamesh,
I hope you listened my request and followed my blog. Please go to my blog and check yourself the levels today. You will surprised to find the accuracy of the timing about the SELL CALL on Nifty and BankNifty. I am not claiming it is something great but it is accurate most of times with few whipsaws. That’s why I always protect myself with SL or TSL.
Rgds
Dear Sir,
I feel happy you are doing great. Everyone has its own system and I am happy with my system am following.
I took short at 4970 Booked at 4937 and Took Long at 4987 and Booked at 5040
I am happy with my system performance.
Rgds
Hi , as u have discussed about educomp , i bot 500 shares @ 210 . pliz guide for a horizon of 6 months .
Try to Exit on Rallies..
hi sir . how much more upside do u see in EDUCOMP ?