Stock Closed above 100 MA for 3 consecutive weeks and closed above its trading range as shown in the chart above,Stock went above the congestion zone with good volumes and now to confirm it has not made a fake breakout, Buy the Stock above 526 for a target of 540 and 565 Support for the… Read More »
Stock is showing consolidation pattern and should be geeting ready for a next upmove. United Spirits is showing good support at its 50 SMA as shown in charts,showing support around 1330-40 levels.Its is not breaking a certain level in such a weak market shows it has been accumulated by investors and traders. RSI and CCI… Read More »
Buy Tata Steel above 659 for a target of 665 and 677 Support is there at 640 and 628 Doji formation on daily charts and indicators are oversold on charts Short at 415 for a tgt of 400 and 392 SL 420
NMDC has been in news for all wrong reasons in coming few days and stock took severe beating starting from 500 levels to around 280 odd levels in around a month time frame. Looking at the daily chart of NMDC stock looks quiet oversold on charts and bounce back to the channel top is immmenient.… Read More »
Patni Computers is forming Higher top formation on daily charts and taking trend line support as shown in the charts Attached. Stocks is facing a tough resistance around 530-34 zones and if that levels got crossed we may see a quick move to levels of 542 and 549. Support for the stocks comes around the… Read More »
Stock closed above its 50 SMA for 2 days and now should be bought on pullback till 1267 for target of 1303 1324 and 1339 and 1355. 61.8% Retracement comes at 1355 which would be next significant resistance. Hanung Toys achives target
Network 18 and Media is at its Wall of China resistance at 109 levels.The level has been elusive to this stock for almost 6 months.RSI is showing positive and if market condition remains positve we can see breach of 109 and flying to higher range of 115 and 118 in short term. Nifty Carmillea Levels… Read More »
United Phosphorus closed at its 61.8% Retracement on last Friday at 164 levels.This level should be a significant resistance,Traders should wait for the stock to show pull back till 157 levels to take further position. And if the stock crosses 167 levels instead of giving a pull back till 157 positions can be taken for… Read More »
Technical of Jumbo Bag Indicated accumulation Pattern in this stock is going On.Trading interest is reduced or near to null.But smart players are accumulating this stock As seen from the chart the stock is not breaking its support at 30.When ever it goes neae its lower range volumes increases on that day. 5 EMA is… Read More »
Tgt 139 and 144 NIFTY FUTURE Levels for tommorow resistance at 5115, 5143 and 5193. Support at 5065 and then 5037.