Yesterday I gave my analysis on United Spirits, Buy call got stopped out and Sell achieved the target but few traders called me yesterday, “Bramesh Sir, I am still Holding Long in United Spirits as per your analysis, I was bit taken back because we got stopped out in morning trade only and trade was… Read More »
Bajaj Auto Bajaj Auto has given a triangle breakout and Bulls are trying hard to close stock over 1870 which is 200 DMA. Close above 1870 will change the long term trend of stock and will head towards target of 1930 in short term. Buy above 1870 Tgt 1887,1900 and 1911 SL 1863 Sell below… Read More »
SBI SBI is trading near its trendline resistance as shown above and formed a perfect DOJI candelstick near the top. Negative divergence is visible in RSI and Stoch. Bulls need to take caution. Buy above 2444 Tgt 2462,2487 and 2509 SL 2434 Sell below 2412 Tgt 2400,2388 and 2370 SL 2424 Tata Motors Tata… Read More »
Tata Global Tata Global has formed a swing high at 153.4, stock has been falling from that level. Today’s fall it took support at falling trendline at 139. Holding the same bounceback can be expected else 130 odd levels are on cards. Buy above 142.5 Tgt 144.5,146 and 149 SL 141 Sell below 139.5 Tgt… Read More »
Century Textile Century has broken out of its resistance zone of and closed above its 50 SMA.Follow up action should be seen today and move towards next zone resistance of 327 Buy above 318.5 Tgt 321,324 and 327 SL 316.5 Sell below 312 Tgt 310,307 and 303 SL 314 Hero Moto Corp Hero Moto… Read More »
HDFC HDFC forming a small descending triangle formation and breakout should come soon. Buy above 854 Tgt 860,864 and 869 SL 852 Sell below 845 Tgt 842,837 and 830 SL 847 Reliance RIL is approching the higher end of its trading range with a close above both 50/200 SMA sugeesting range breakout on cards. Buy… Read More »
DLF DLF has been bouncing from Fibo Channel support from last 5 times.Above is 4 hour chart of DLF and 222-225 has provided support and lead to bounceback till 250 odd levels. Buy above 234 Tgt 237,240 and 244 SL 231.5 Sell below 230 Tgt 227.5,223.5 and 219 SL 232 Tata Motors Telco achieved… Read More »
HUL HUL came up with a good set of earning yesterday, Stock has broken out of its trading range with breal of pennant formation suggesting follow up buying will come in today. Buy above 500 Tgt 510,518 and 527 SL 497 SBI SBI has been trading perfectly in its uptrending channel, SBI has broken this… Read More »
April Series came to an end and Stock Calls given on site have made profit of 1.28 Lakhs. For the reference of readers the performance sheet for the Month of April/March Expiry has been updated, can be accessed from http://tradingsystemperformance.blogspot.in/.Will update May Series calls performance today evening. Maruti Maruti has been on magnificent run as… Read More »
April Series came to an end and Stock Calls given on site have made profit of 1.28 Lakhs. For the reference of readers the performance sheet for the Month of April/March Expiry has been updated, can be accessed from http://tradingsystemperformance.blogspot.in/. HDFC HDFC has seen a fast rise today during last 30 mins of trade, Stock… Read More »