Stock is locked in a trading range of 1220 and 1300 and currently at the bottom of trading range,Positive Divergence is observed in RSI. Trading Levels: Buy above 1240 for a tgt of 1255 and 1265 Sell below 1215 for a tgt of 1205 and 1189
Educomp Solution: The top five holdings for Goldman Sachs Invest Mauritius were LIC Housing Finance , Lanco Infra, CESC, United Phosphorus and Educomp Solutions. GoldMan Sachs was in news for Wrong Reason and we can see a selling on the Scripts Held by the Company. Educomp Solutuion is showing good support at 100SMA,which i belive… Read More »
HDIL is showing good strength with the increase in volumes and stock is showing trend line resistance,around 308 and 200 SMA lies at 312 So if the stock closes above 312 it can rally till 315 318 and 328 which is 100 SMA.
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 »