Trading Ideas
Hope u all njoyed Hindalco Few more Trading Ideas Updated. IVRCL Buy above 348 if sustained TATA Steel Buy above 492-94 Zone is taken out Stock is moving towards 532 And if unable to cross go short 460 442
Category Archives: Daily
Stocks Specific Calls for week starting 03-Aug
Hindalco Industries After a good upmove on friday which was accompanied by Vols PAR is still giving Buy signals. As per trend Lines 104-106 is a zone of uncertainty once that is crossed with vols accept a very good upmove in with a tgt of 108 112 115 sl of 98 should be maintained on… Read More »
Nifty Weekly Analysis an Inverse H&S formation
Happy Friendship Day to all the Visitors of the Blog Nifty Weekly and Daily Charts are presented. Deduction from Daily Charts: We are moving firmly in a Channel and a near term resistance are 4669.75 and 4693. Once that is crossed we can easily sail through 4700 4724 4778 . Supports are emerging at 4575… Read More »
IT – IS ‘IT’ SHOWING SIGNS OF REVIVAL?
Most of the bigwig IT companies have declared their performance for Q1FY10 and call it muted analysts expectations or improved performance, most of the bigwigs have done well despite the trying circumstances. It started with Infosys which for first quarter of current fiscal posted a 17.2% YoY rise in net profit at Rs.1,527 crore but… Read More »
IVRCL Buy above 348
An excellent case of Multiple tops Recatangular pattern tgt 355 362
SBIN short term Technical View
SBI The PSU behemoth charts are presented: Technical Observation:Stock is at its resistance zobe of 1740 once thats is crossed can bounce till 1766 and 1793 Support for stock comes at 1672 and if thats get broken can fall easily till 1630 1570 1500
S&P Technical View
The S&P 500 confirmed the Dow up-trend with a breakout above 950. The index is headed for a test of 1000. Breakout would indicate a primary advance with a target of 1300*, the August 2008 high. Rising Twiggs Money Flow (13-Week) confirms the up-trend. Reversal below 950 is now unlikely, but would warn of a… Read More »
Trading Ideas for Week Staring 27 July
Excide with a sl of 77 tgt 90 Broken the Trend line Aptech 5-13-34 EMA crossover happening possible tgt 184 187 194 sl 167
Nifty Weekly Technical View
Hi All, Nifty again moved up by 4% the commencing week. What lies ahead in the store Big Boys RIL and ICICI came up with there respective results on Friday and Saturday. RIL was a shocker on BOttom Line front down 13% and there GRM were poorer when compared to state rum company. ICICI were… Read More »
S&P Twiigs Money Flow Outlook
The S&P 500 broke through resistance at 950 to signal a primary advance. Penetration of 1000 would offer a target of 1300*.